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V2288-19 ·5 September 2019 ·consulta-vinculante Medium impact
Tax

Income from renting rooms in a primary residence is classified as income from real estate capital

A taxpayer has enquired about the taxation and deductibility of expenses when renting out rooms in their primary residence. The Directorate General for Taxes (DGT) clarifies that such income is classified as income from real estate capital and outlines the applicable rules for deductibility and depreciation.

In 6 key points

How it affects those involved

Taxpayers renting rooms in their main home must report this income as real estate capital rather than business activity income, which dictates the specific rules for expense deduction and depreciation.

Lifecycle

2019-09-05PublishedPublished 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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