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V2358-21 ·19 August 2021 ·consulta-vinculante Medium impact
Tax

An amortization or annuity cannot be allocated exclusively to the reduction of the debt for the primary residence

A taxpayer inquired whether they could make early repayments on a mortgage loan to first cancel the portion of the debt allocated to their primary residence and subsequently to other assets. The DGT has responded that it is not possible to individualize payments so that they affect only one financed asset.

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2021-08-19PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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