Skip to content
V2690-20 ·2 September 2020 ·consulta-vinculante Medium impact
Tax

Deductibility of expenses and depreciation in the letting of rooms in a primary residence

A homeowner has enquired about the deductibility of expenses and the application of tax reductions when renting out rooms in their home. The Directorate General for Taxes (DGT) has ruled that only expenses and depreciation proportional to the time and space rented are deductible, and that the 60% reduction applies provided the contract is for residential purposes and exceeds one year.

In 6 key points

Lifecycle

2020-09-02PublishedPublished 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