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V0729-20 ·6 April 2020 ·consulta-vinculante Medium impact
Tax

60% tax reduction for student rentals unavailable for seasonal contracts

The Directorate General for Taxes (DGT) has been asked whether renting property to students during the academic year allows for the 60% income tax (IRPF) reduction. The DGT ruled that this reduction does not apply because seasonal contracts do not satisfy a permanent housing need.

In 5 key points

How it affects those involved

Landlords renting to students on a seasonal basis will be unable to benefit from the 60% tax reduction on rental income, as these arrangements are not classified as permanent residential leases.

Lifecycle

2020-04-06PublishedPublished 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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