Marc and Linda earn 19,000 euros per year with rental of garage boxes: geldexpert tells which taxes are involved

Last year, a record number of garages changed owner in Flanders, at a median price of 24,000 euros. More and more people see such a garage box as a simple source of extra income. Marc and Linda* for example. The two sixties get almost 20,000 euros annually from the rental of their garages, but contacted us because they are concerned that they have to pay a lot of taxes on it. HLN tax expert Michel Maus tells them what they should definitely put in order: “Even if you only rent one garage box, you have to apply for a VAT number.”

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