> For the complete documentation index, see [llms.txt](https://help.immodio.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.immodio.app/en/anleitung/einnahmen-und-ausgaben/buchhaltung-erweiterung/10095300-notaranteil-garagen.md).

# Notary's share for garages

Help on the Immodio entry item Notary share, garages.

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You use this category for the **share of the purchase-related notary costs attributable to a garage**, where the garage is taken into account as a separate component or as a separately assigned garage when the property is acquired.

For the entry in Immodio a split has to be made here:

* The **share of the purchase price for the garage** is posted to the category→ "Purchase of garages" or "Purchase of garages (own land)",
* the **purchase-related notary share attributable to it** is posted to the category → "Notary share, garages".

#### **This category is only for the garage share of the notary invoice**

Where you buy a property consisting of several components recorded separately for tax or accounting purposes, a general notary invoice for the purchase may not automatically be posted in full to the garage.

The acquisition can consist, for example, of:

* the land,
* a residential building,
* a garage,
* where applicable, further independent assets.

Where the notary's work relates to the entire acquisition, the general incidental acquisition costs have to be allocated according to the economic attribution of the acquisition.

{% hint style="info" %}
The garage's notary share should in principle follow the purchase price split also used for the garage itself.
{% endhint %}

#### **Example: a garage is acquired as a separate component**

You acquire a garage including an associated share of land for a total of: **€30,000**

The appropriate split under the purchase contract produces:

* **Land: €6,000 = 20%**
* **Garage: €24,000 = 80%**

The purchase-related **notary costs** for this acquisition are: **€600**

In principle, **€600 × 20% = €120** of the notary costs therefore relates to the land and **€600 × 80% = €480** of the notary costs to the garage.

* You post the **€480** to the category **"Notary share, garages"**
* You post the **€120** to the land category for the notary share, "Notary share, land"

#### **A garage bought together with a residential house**

Where you buy a residential house and a garage is **recorded separately as a garage of its own** within the purchase price split used, that system should be continued for the general incidental acquisition costs as well.

For example, the purchase price is split into:

1. **land**
2. **the residential building**
3. **the garage**

The general purchase-related **notary costs** should then in principle also be allocated according to that split.

1. The **land share** belongs in the category **"Notary share, land"**,
2. the **residential building share** belongs in the category **"Notary share, residential buildings, buildings for residential purposes (own land)"**
3. and the **garage share** belongs in the category **"Notary share, garages"**.

#### **Important: notary costs for the financing do not belong in this category**

Not every notary invoice around a property purchase is automatically part of the garage's incidental acquisition costs.

{% hint style="info" %}
Where a notary invoice contains both purchase-related and financing-related items, those costs have to be separated from each other.
{% endhint %}

The distinction is particularly important between:

* **notary costs for acquiring the property** and
* **notary costs for the financing**

Where notary fees arise, for example, for **securing a loan by a land charge**, the tax authorities treat them as incidental costs of taking out the loan, that is as costs of obtaining finance. With a loan for a let property these can in principle be treated as income-related expenditure in connection with the financing.

Such financing costs may therefore **not** be allocated to the garage, the building and the land in the ratio of the purchase price. These financing costs are posted to the category "**Costs of obtaining finance (for example valuation, notary and land registry fees)**".

#### **What does not belong in this category**

The following in particular do not belong here:

* the notary share attributable to **land**,
* the notary share attributable to a **residential building**,
* notary costs of a purchase of **undeveloped land** only,
* notary costs for a **land charge or other loan security**,
* land registry or court costs, where Immodio provides a separate category for them,
* ongoing administrative or legal advice costs with no direct connection to the garage purchase.

#### **Recoverable in the operating cost statement**

Purchase-related notary costs are one-off incidental acquisition costs of the owner and not running operating costs of the let property. The **"Recoverable in the operating cost statement"** switch therefore has to stay **disabled**.