The Ministry of Treasury and Finance has taken measures to control income from rental housing in Turkey. In addition, documents received from tenants and owners during these inspections will be stored electronically in databases.
The authorities remind that you can rent out your apartment in Turkey, but you need to declare your income and pay taxes. After verification, legal sanctions will be applied to taxpayers who have discrepancies in their declarations or who have not submitted them. Moreover, it is planned to check about two million residences.
You need to report your income from renting out your apartment or house to the tax authorities of the district or city where your residential unit is located. Moreover, digitalization in Turkey has reached a high level: you can fill out a declaration on the website of the digital tax inspectorate.
As you know, the ban on rent increases of more than 25% per year, which was in effect for two years, will be lifted in the summer of 2024.