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V0631-25 ·8 April 2025 ·consulta-vinculante Low impact
Tax

Rentals in property societies may be exempt from wealth tax if conditions are met

Consultants ask whether their holdings in real estate rental societies are exempt from wealth tax. The DGT states that for a rental to constitute an economic activity, there must be at least one full-time employee and the management functions cannot be carried out by the same person who manages the activity.

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2025-04-08PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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