Expenses for improving the apartment
- Buying an apartment in Israel
Whereas in the past the interpretation allowed deductions only for expenses for the physical improvement of the apartment sold, today there are more deductions whose purpose is to improve the ‘value of the apartment’.
As a result, expenses are allowed regarding the acquisition of building rights or the attainment of relief in construction or changes of use of the real estate.
As a result, fees for professional consultants and more will be recognized.