The article outlines the financial and bureaucratic challenges faced by property owners in Greece due to uncollected rents, which can lead to significant tax liabilities if not properly managed. Owners are advised that to avoid taxation on uncollected rents, which are taxed between 15% to 45%, they must undertake specific legal and administrative actions before submitting their tax returns. Simply reporting uncollected rents on tax forms is insufficient for tax exemption.

Specifically, the article notes that owners must have completed certain prerequisites before filing their tax declarations in 2025. These include obtaining legal actions against their tenants, such as issuing payment orders or eviction notices, which serve as essential documentation to support their claims of uncollected rent. The process is further directed by updates made by the Greek tax authorities, mandating property owners to submit their claims digitally through the AADE portal, including form E411 that details the relevant data for each tenant and property.

The implications of these regulations underscore the importance of being proactive in handling rental agreements and tenant relations. Property owners who navigate these requirements effectively may substantially mitigate their tax liabilities, ensuring compliance while protecting their financial interests amid potentially challenging economic circumstances in the housing market.