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V1789-20 ·5 June 2020 ·consulta-vinculante Medium impact
Tax

Replacing a water heater is a repair expense, but replacing a mattress and bed base is depreciable

A landlord of a property let by rooms asks whether replacing a water heater, a bed base, and a mattress should be deducted as a repair expense or through depreciation. The DGT rules that the water heater is a repair expense, whereas furniture is a depreciable expense.

In 5 key points

How it affects those involved

This ruling clarifies the distinction between maintenance repairs and capital improvements for property owners, specifically regarding how different household items are treated for tax deduction purposes.

Lifecycle

2020-06-05PublishedPublished 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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