Skip to content
V2115-24 ·1 October 2024 ·consulta-vinculante Medium impact
Tax

Reinvestment exemption reduced proportionally if part of new property is let

A taxpayer asks whether the reinvestment exemption for their new home remains intact if they decide to let one of its floors for tourist accommodation. The DGT rules that only the proportional part of the property used for private purposes can be considered as the reinvested amount.

In 6 key points

How it affects those involved

Taxpayers planning to use part of a new primary residence for short-term holiday rentals will see a reduction in the tax exemption available for capital gains reinvestment.

Lifecycle

2024-10-01PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact