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V1761-24 ·17 July 2024 ·consulta-vinculante Medium impact
Tax

Rent for a new home is not deductible against income from renting out one's own property

The taxpayer asks whether the rent paid for a new home in a different city can be deducted from the income earned by renting out their primary residence. The Directorate General for Taxes (DGT) rules that this expense is not necessary to generate the real estate capital income from the first property.

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2024-07-17PublishedPublished 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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