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Updated June 2026

Do German Landlords Pay VAT on Rental Income?

Most long-term residential rent (Wohnraumvermietung) is VAT-exempt — but commercial property and short-term/holiday lets follow completely different rules.

Last updated: June 2026

Long-term residential rent
Exempt (steuerfrei)
no VAT charged, no Vorsteuer claimed
Commercial property (default)
Exempt, unless Optieren zur Umsatzsteuer
landlord can opt to charge VAT
Short-term/holiday lets
Standard-rated (19%)
treated as taxable accommodation supply

Long-term residential rent is VAT-exempt

If you let residential property (Wohnraumvermietung) on a standard long-term lease, that rental income is exempt from VAT (umsatzsteuerfrei nach §4 Nr. 12 UStG) — you never charge VAT, and this remains true regardless of your portfolio size. The trade-off is that you generally cannot reclaim Vorsteuer on costs related to that exempt letting activity.

Commercial property: exempt by default, but landlords can opt to charge VAT

Renting out commercial property (offices, retail, warehouses) is also exempt by default, but commercial landlords can formally opt to charge VAT (zur Umsatzsteuer optieren) on a specific property under certain conditions — mainly requiring the tenant to also use the property for VAT-taxable purposes. Once opted, rental income becomes standard-rated at 19%, and the landlord can reclaim Vorsteuer on related costs like renovation and maintenance.

Short-term and holiday lets are treated very differently

Short-term furnished lettings (holiday apartments, serviced accommodation, Airbnb-style stays) are generally treated as a taxable supply of accommodation, similar to a hotel, rather than exempt residential letting. This means income from qualifying short-term lets counts toward the Kleinunternehmer threshold like any other taxable business activity, and once registered you charge 19% VAT on the accommodation fee (though a reduced 7% rate may apply to certain short-term accommodation — check current rates).

Frequently asked questions

Do I need to register for VAT if I only rent out residential property long-term?

No. Long-term residential rental income is VAT-exempt and doesn’t count toward the Kleinunternehmer threshold, regardless of portfolio size.

If I have a holiday let alongside residential properties, does that income count toward my threshold?

Yes. Short-term/holiday letting income is generally treated as taxable and counts toward the threshold, even though your long-term rental income does not.

Can I reclaim VAT on a renovation to a residential rental property?

Generally no, since residential letting is exempt and exempt supplies don’t carry the right to reclaim related Vorsteuer.

What does "optieren zur Umsatzsteuer" for a commercial property involve?

A formal election to charge VAT on a specific commercial property going forward, generally requiring the tenant to use the property for VAT-taxable purposes — this is a meaningful decision worth professional advice.

Is there a separate VAT threshold for landlords?

No, it’s the same Kleinunternehmer threshold as any business — most residential rental income simply doesn’t count toward it because it’s exempt.

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General guidance only. Property VAT rules, including the option to tax, are complex. Always verify with the BZSt / your local Finanzamt or consult a qualified accountant before making decisions.

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