Financing economically: Interest Rate and Tax Advantages Good PPS performance, Basel II, and the current financing crisis sustainably improve PPS's negotiating position with banks and sellers. These improvements materialize not only in the credit terms but also in the equity capital requirement. Usually, banks require equity capital of 30% in property partnerships (GbR). After financing numerous properties, PPS has good contacts at various banks. Not only cost and liquidity management but also government subsidies and payments play an important role for financing older buildings. There are also attractive tax opportunities. Modernization expenditures are immediately deductible when certain boundary conditions are met. We coordinate investors and interact with financing experts of participating banks, auditors, and tax consultants to use the formal tax arrangements in optimizing return before and after taxes. As part of property management, PPS advises individual investors on their personal liquidity planning. We use our specific knowledge to implement individual solutions for each investor.