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V0727-18 ·19 March 2018 ·consulta-vinculante Medium impact
Tax

Furniture provided with a rental property may be subject to depreciation

A taxpayer inquired whether it is possible to depreciate the furniture in a property intended for furnished rental. The Directorate General for Taxes (DGT) ruled that the depreciation of movable assets provided alongside the real estate is deductible.

In 5 key points

How it affects those involved

This ruling clarifies the tax treatment for landlords providing furnished properties, confirming that the cost of furniture can be amortised against rental income.

Lifecycle

2018-03-19PublishedPublished 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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