How to tax income from renting properties?

Dear Property Owners,
Most of the income in the Czech Republic is subject to taxation, so you must also tax your income from property rental. We have prepared a guide in a simplified form on how to do it. It's not complicated at all.

Entrepreneur / self-employed person using the fixed rate expenses method:
As you use fixed rate expenses, you can ignore our commission invoices. Income for the calculation of income tax is the sum of the total rental amount, which includes our brokerage commission. The expense for you is not our issued invoice, but the fixed rate expenses.

Entrepreneur using the real expenses method:
You deduct our commission from your total rental income. The expense is the invoices issued by us for you. You tax the amount that came into your account.

Entrepreneur as a VAT payer:
Same as above. Regarding VAT. It is a lease of properties to natural persons, which is exempt from value added tax without right of deduction and will be indicated on row 50 of the VAT return.

Non-businessman, natural person:
For the purposes of income tax, the entire amount of the lease is always calculated, i.e. the amount credited to the account + commission. This is income under Section 9 of the Income Tax Act. Here the income can be exempted: a) If you have any additional income, the rental income (without deduction of our commission) will be exempt up to CZK 6,000 per year b) If your total income for the year is less than CZK 15,000, you won't be required to file a tax return.