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V1099-21 ·27 April 2021 ·consulta-vinculante Medium impact
Tax

Exemption for main residence does not apply if the property has not been a residence in the two years prior to sale

An individual over 65 who has lived in an assisted living facility for three years inquires whether the sale of their former home is exempt from tax. The DGT rules that the main residence exemption does not apply because the property has not served as a residence in the two years preceding the transfer.

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2021-04-27PublishedPublished 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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