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V1586-15 ·26 May 2015 ·consulta-vinculante Medium impact
Tax

Repair and maintenance costs may be deductible in subsequent years if no income is generated in the year of expenditure

A taxpayer asks whether expenses incurred in 2014 to prepare a property for rental (repairs, community fees, insurance, furniture, etc.) are deductible in that financial year or in 2015. The DGT rules that deductibility depends on the nature of the expense and the existence of rental income.

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2015-05-26PublishedPublished 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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