Providing Accountant
Working with an accountant on rental-income returns, capital gains tax and tax number formalities.
- Tax number
- The annual income tax return
- Choosing the expense method
- Capital gains on a sale
- Tracking filing and payment dates
How we carry this service out
The steps describe what the work covers, not the order it follows.
Why it is needed
Owning property in Türkiye creates tax obligations, and they continue whether or not you use the property. A return is due once rental income passes a certain figure, a capital gain arises if the property is sold within five years, and property tax is paid in two instalments each year. None of this is reminded to you automatically.
Scope
Obtaining a tax number, preparing the annual income tax return, choosing whichever expense method (flat-rate or actual) works in your favour, and calculating and declaring any capital gain on a sale. Filing and payment dates are tracked; interest on late payment grows faster than the tax itself.
Who does the work
The work is carried out by licensed certified public accountants. An estate agency cannot do it itself; a company claiming otherwise is describing something the professional rules do not allow. Our role is to match you with the right accountant and to follow the matter through.
Contact
Let us talk about your own situation and settle in conversation what you actually need.
Related reading
Law & TaxGayrimenkul satış vergileriThe title deed fee, capital gains and the five-year rule. An itemised explanation and a calculator, so you can see the tax bill before you sell.
Letting & TenantsKira artış oranı hesaplamaThe legal ceiling is the twelve-month average of the consumer price index. When can the increase be applied, what happens if you are late, and how is market rent set once a tenancy passes five years?
Market & IndicesKira rayiç bedeliPricing your home below or above the market both cost you. See the comparable rent range by neighbourhood and number of rooms.
Our other services
International Real EstateOne point of contact for a property search across Türkiye, Greece, Georgia and Cyprus: selection, viewing and transfer.View
Residency by InvestmentPreparing an ownership-based residence permit application, managing the appointment and handling renewals.View
Citizenship by InvestmentChoosing an eligible property for a citizenship-by-investment application, and running the certificate of conformity and the application file.View