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They call it cadaster income, which, according to the Belgian ministry of finance website, is “a fictitious income that corresponds to the average yearly net in
by tverbeure 5y ago
They call it cadaster income, which, according to the Belgian ministry of finance website, is “a fictitious income that corresponds to the average yearly net income of the property to the owner.”
Isn’t that pretty much the same as “imputed rent”, after subtracting costs?
(I haven’t seen an Belgian tax bill in over 20 years, but I remember that estimate income to be very low indeed.)