At the end of the year, many landlords had to quickly prepare and send out a utility bill because the deadline for billing the 2023 costs expired on December 31, 2024. And conversely, many tenants still received bills. As administrators, as we do every year, we have received a lot of inquiries about this, both from owners and tenants. One of our customers suggested making one or more videos on the subject, and I took up the idea in this video. In the video, I use a concrete example to show how you, as a landlord, can prepare a utility bill for your tenant, what formal things need to be taken into account, and how a tenant can then mathematically understand the bill. I also give important information about changing advance payments and the owners' meeting, where future house fees are voted on. Whether you are a landlord, tenant, or both, it is definitely worth watching this video to the end. ►► Information about the AMS group of companies: www.ams.immo ►► Message to the AMS group of companies: [email protected] ►► Contact form for the AMS group of companies: http://bit.ly/KontaktAMS ▬ About this video ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ In general, it is really not easy to find your way around the jungle of numbers of business plans, advance payments, billing, billing peaks, advance payments from tenants, etc. For an owner, his payments to the owners' association are often completely different to those he receives from his tenants in the course of a billing. And that is also the first thing you should check when doing your WEG billing: Have your advance payments been correctly posted? In smaller administrations, it is more common for statements to be created using Excel - then a payment can slip through or be assigned to the wrong year or the wrong owner. You need the detailed breakdown of the apportionable costs from the WEG statement to create the utility bill for your tenant. There are also costs that cannot be passed on to the tenant because they have no connection with the tenants of the property. I give examples of this in the video. Incidentally, what is important for the tenant statement is not the allocation key used by the owners' association to allocate the costs, but what is agreed in the rental agreement. The living space is often agreed in the rental agreement; if no allocation key has been specified in the rental agreement, the living space also counts as the key in accordance with Section 556a of the German Civil Code. If there is a deviation in the allocation key, you have to calculate the costs for the apartment differently. There can be differences. In the video, I give you some design tips on this. At the end of the video, I talk about what conclusions you can draw from the figures for the owners' meeting and the vote on the future financial plan for your apartment. And how you can reduce your maintenance fee payments. ►► If you liked this video, please give it a LIKE. This also shows others that the content of this video is helpful. ►► And feel free to share this video with people in your circle who might find the topic interesting. ►► If you are interested in topics related to 'real estate' and 'finance', then SUBSCRIBE to our channel and be sure to activate the BELL. This way you can be sure that you don't miss any information that is important for building your wealth with real estate. #tenant #heatingcosts #landlord #operatingcosts #propertymanagement ▬ This might also interest you ▬▬▬▬▬▬▬▬▬ Real estate for your successful investment: • Real estate prices from ImmobilienScout2... Your perfect way to build wealth in summer 2018: • 7 reasons why you should invest in real estate... Be inspired by the AMS real estate millionaires: • Real estate millionaire with €15,000 of own... ►► What experiences have you had with tenant statements? And are you interested in a video on the subject of "WEG statements" / house maintenance fees statements? Feel free to write it in the comments. ▬ About the AMS group of companies ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ We help our clients achieve financial freedom through real estate. We do this with more than 20 years of experience. We would now like to make this know-how available to you on our YouTube channel. Would you like to deepen your real estate knowledge or would you even like to invest your capital in real estate yourself? Then you have come to the right place.