> 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/immobilien/einheit/abrechnung-einheit.md). # Billing (unit) This page gives you a detailed explanation of all the fields and possible settings in the "Billing" tab of a unit. ## Billing (unit) {% hint style="warning" %} For apartment buildings, financing and financial data should generally be recorded at property level. For separate property (an owner-occupied apartment) or part ownership (a commercial or ancillary unit) under the German Condominium Act (WEG), this data is maintained exclusively at unit level. The same applies where individual units within a property were financed or acquired separately. {% endhint %} ### Financial data and financing Under **"Financial data & financing"** you manage the capital structure of your units centrally and efficiently. You record equity, loans and terms precisely and therefore keep track of your financing figures at all times. Recording this data in full is also essential for correct posting. To record a new financing arrangement, proceed as follows: 1. **Enter the equity**\ First state the equity used for the property in the **"Equity"** field. 2. **Add a loan**\ Click **"+ Add new loan"** to record another loan. You can record as many loans as you like. 3. **Record the loan data**\ Then enter the relevant details: * **Description**: A clear name for the loan (for example the bank name, such as "KfW development loan") * **Loan amount**: The total amount of the credit taken out * **Interest rate**: The agreed effective annual interest rate according to the credit agreement * **Initial repayment rate**: The repayment rate initially agreed in the credit agreement. * **Fixed interest period**: The end date of the agreed fixed interest period according to the credit agreement * **Save:** Click **"Save"** to apply the loan. Recording your financing arrangements in a structured way in Immodio helps you manage and optimise the economic development of your properties over the long term and record depreciation for wear and tear correctly. ### Financial data of the unit Under **"Financial data of the unit"** you record all the purchase-related financial data of your unit. These details form the essential basis for determining the acquisition costs for tax purposes and the resulting depreciation for wear and tear. By recording the incidental acquisition costs precisely, you ensure that your unit's depreciation potential is fully exploited. Please note that an acquisition at unit level usually involves separate property (an owner-occupied apartment) or part ownership (a commercial or ancillary unit) under the German Condominium Act (WEG). Record here, therefore, only the acquisition costs attributable directly to the unit concerned and its associated co-ownership share in the common property. You will primarily find the necessary data in your notarised purchase contract, the invoices from the notary and land registry, the real estate transfer tax assessment and the estate agent's invoice.

Field	Explanation
Purchase price	Enter the total purchase price of the unit according to the purchase contract here.
Purchase date	Enter the date on which benefits and burdens passed over here (usually after the purchase price has been paid). For tax purposes this date is decisive for the start of the entitlement to depreciation and for the attribution of income.
Year of construction	Enter the year in which the building was completed here. You will find the value in the purchase contract, the land register extract or the energy certificate. The year of construction affects the depreciation rate to be applied.
of which land share	Enter the share of the purchase price attributable to the land here. Since land cannot be depreciated for tax purposes, this share is excluded from the depreciation base. If the purchase contract does not contain an explicit split of the purchase price, it is advisable to have it determined by a well-founded expert opinion. Through our partner kaufpreis-aufteilung.com* you can request legally sound expert opinions easily and take advantage of a no-obligation initial consultation. You can find more information here.*
of which building share	Enter the share of the purchase price attributable to the building here. This amount is the basis for the annual building depreciation. If the purchase contract does not contain an explicit split of the purchase price, it is advisable to have it determined by a well-founded expert opinion. Through our partner kaufpreis-aufteilung.com* you can request legally sound expert opinions easily and take advantage of a no-obligation initial consultation. Professional evidence optimises your tax basis and protects you from risks: please note that a flat-rate or excessive allocation to the building share without appropriate documentation is often challenged during a tax audit. You can find more information here.*
Building depreciation	Depreciation for tax purposes is based on the year your property was completed: while a rate of 2.5% applies to older buildings from before 1925, buildings constructed between 1925 and 2022 are normally depreciated at 2.0%. For new builds from 2023 onwards you benefit from an increased rate of 3.0%. Through our partner nutzungsdauer.com* you can have an expert opinion prepared to shorten the actual useful life and thereby increase your depreciation rate with legal certainty. Benefit from greater tax savings and optimise your property's liquidity. You can find more information here.*
Type of depreciation	Select the depreciation method here. While straight-line depreciation is normally applied, declining-balance depreciation of 5% per year is permissible for newly built or newly acquired residential buildings where construction began between April 2024 and September 2029.
of which movable items sold with the property	Enter the share of the purchase price for movable assets sold with the property (for example a fitted kitchen or furniture) here. Since these are not part of the building fabric, they are depreciated over a considerably shorter period, which reduces your tax burden faster. Stating them separately in the purchase contract can also reduce the real estate transfer tax, provided the values are set at market level.
Depreciation of movable items	Enter the annual depreciation amount in euros for the movable items sold with the property here. It is claimed as income-related expenses separately from the building.
Depreciation period	More information will follow here shortly.
Notary costs	Enter the total notary costs on acquisition according to the notary's invoice here.
Notary share for creating the land charge	Enter the part of the notary costs attributable to creating the land charge (registering the land charge) here. Make sure it is stated separately in the notary's invoice. This share is immediately deductible as income-related expenses and may not be capitalised.
Estate agent costs	Enter the estate agent's commission paid on acquisition according to the agent's invoice here. It counts as incidental acquisition costs and increases the depreciation base.
Land registry costs	Enter the costs for the transfer of ownership in the land register according to the land registry invoice here. They count as incidental acquisition costs and are taken into account through depreciation.
Share of land registry costs for creating the land charge	Enter the part of the land registry costs attributable to creating the land charge here. Make sure it is stated separately in the invoice. As with the notary, this share is immediately deductible as income-related expenses.
Real estate transfer tax	Enter the real estate transfer tax incurred on purchase according to the tax office's assessment here. It counts as incidental acquisition costs and increases the depreciation base.