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V1261-25 ·9 July 2025 ·consulta-vinculante Medium impact
Tax

Gift of main home by those over 65 may be exempt from income tax

Taxpayers over 65 ask whether donating their main home to children is exempt from income tax. The DGT states that if the conditions for a main home are met, the capital gain from the transfer of full ownership is exempt.

In 6 key points

How it affects those involved

Donations of the main residence by individuals over 65 may be exempt from income tax if the property qualifies as a main home.

Lifecycle

2025-07-09PublishedPublished 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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