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V2482-19 ·17 September 2019 ·consulta-vinculante Medium impact
Tax

Proportional expenses and depreciation may be deducted for renting rooms in a main residence

A taxpayer inquired about which expenses can be deducted when renting out two rooms in their main residence. The Directorate General for Taxes (DGT) ruled that this income constitutes returns from real estate capital and allows for the proportional deduction of necessary expenses and depreciation.

In 6 key points

How it affects those involved

Taxpayers renting rooms in their primary residence can reduce their taxable income by applying a proportional share of property-related expenses and depreciation.

Lifecycle

2019-09-17PublishedPublished 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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