Property taxes in Aargau

Accomodation, House and Garden
1
Hi guys.

I'm looking to buy a place to rent in Aargau.

Say the price is 300k, and the rent 1.3k, how can I find out how much taxes would eat out of the gross profit ? Is there a property tax calculator somewhere available ? A bit lost here....

Thanks in advance.

2
There are no property taxes in Switzerland.

The rent gets added to your income, less costs.

Tom

3
Thanks Tom...

I feel a bit silly I still didn't get this... good to know

4
Tom, what about this ? Here it says it depends on where you live... or am I interpreting this not correctly ?

https://www.ch.ch/en/property-tax/

Property tax, sometimes known as land or real estate tax, is a cantonal or communal tax on land and buildings. It is payable by natural persons and legal entities who are recorded in the land register as the owners or users (usufructuaries) of a property.

Generally speaking, the tax is calculated on the full taxable value of the property, i.e. without taking account of any related debts or mortgages. The property is taxed at its location irrespective of where the owner lives.

Certain cantons (ZH, SZ, GL, ZG, SO, BL und AG) have decided not to levy this tax. The remaining cantons apply a variety of systems. For further information, you should contact the tax administration in your canton.

5
If you rent out, 1.3k * 12 * your marginal income tax rate.

if you live yourself, same thing, except "rent" to yourself will be much lower than 1.3k, perhaps 70% of it as a rough guide. If the house was already built, the seller or the tax office can tell you exact figure.

Lots of things are deductible from your income tax base, for example: mortgage interest, maintenance (either effective or 20% of rent), contributions to renovation funds, Verwaltung/Hausrat if you don't run the house yourself, etc.

6
Well, as they mention AG as being one of the cantons that do not do this, it doesn't apply to you.

In Ticino, it's only if you don't live there, and on a 1.8M house was around CHF 800/year (inherited house that required tax be paid for the year it was un-occupied).

Tom

7
AG has no real estate property tax.

BE has one of 1.5‰ (0.15% ) of value the properties value.

Here an overview of the rates (the mentioned values are in ‰ and not % ):

https://www.estv.admin.ch/dam/estv/d...tssteuer_d.pdf

PS: The rate in TI for properties owned by natural persons is 1‰

In most of the cantons the tax for company owned properties is higher.

8
There is property tax. But not in AG.

In Vaud you pay an impot foncier each year which is 1.5o/oo on the value of the property.

9
But being the owner of the property the value of the house (minus any mortgage value) is taxed in your asset tax and you can deduct any costs associated with renting out the property (maintenance, etc) and any mortgage interest payments from the rental income.

10
It's a minor concern - if you don't buy, you'd just be paying same wealth tax on your cash or other asset forms. Another thing is that an older property would likely have an official tax valuation far below market value, so buying it would actually reduce your taxable wealth and save you some wealth tax.

11
You are right, except that the mortgage can allow a sizeable deduction. Also, in Aargau at least, the taxable value has been way belowmarket value for some time now.