Tax news
Box 3 and real estate: why the form in which you own it matters more and more
The way wealth is taxed in box 3 (the Dutch tax bracket for private assets) will change over the coming years. For entrepreneurs who own rental property privately, this is not a detail: it directly affects the return you are left with.
Why this matters for property owners
As long as tax was levied on an assumed return, the actual income from a property did not determine the assessment. With a tax on the actual return, that changes: rental income and changes in value carry more weight, and so does the question of the form in which you hold the property.
Privately or through a BV
Placing real estate in a BV (the Dutch private limited company) shifts the tax from box 3 to corporate income tax (vennootschapsbelasting, VPB). Whether that works out better depends on the size of the portfolio, the financing, and what you want to do with the return: pay it out or reinvest it. It is a case-by-case assessment, not a general rule.
What you can do now
Map out what your property actually earns and how that compares with the tax you pay today. That is the basis for any further choice. We can work through that comparison for you if you wish.