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In Vienna's vibrant property market, owning rental properties can be a lucrative investment. However, the tax implications associated with rental income can be complex. If you're seeking tax advice rental for properties, it's essential to consult with a qualified professional to ensure compliance and maximize your financial benefits. So, what do you need to know as a rental property owner in Vienna? Rental Income Tax: In Austria, rental income is subject to income tax. The rates are progressive and range from 0% to 55% based on your total income. Expenses Deduction: You can deduct related expenses from your rental income, such as property maintenance costs, property insurance, and property tax. Depreciation: Buildings depreciate over time, and Austria allows you to claim this depreciation as a tax deduction. VAT: Generally, residential property rentals are exempt from VAT. However, commercial property rentals usually incur a standard rate of 20%. According to Statista,