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V1533-25 ·26 August 2025 ·consulta-vinculante Medium impact
Tax

Cannot deduct 100% of mortgage if only 33.33% of property ownership held

A taxpayer asks whether they can deduct the full amount of a joint mortgage payment when they own only one-third of the property. The DGT responds that the deduction is tied to property ownership and allows deduction only for the proportion of ownership held.

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2025-08-26PublishedPublished 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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