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V2781-19 ·10 October 2019 ·consulta-vinculante Medium impact
Tax

Main residence tax relief and interest deductions remain applicable following loan consolidation

A taxpayer consolidated two mortgage loans (one for a main residence and one for a rental property) into a single loan and sought guidance on the tax implications. The Directorate General of Taxes (DGT) ruled that it is possible to continue applying the main residence tax relief and to deduct the interest related to the rental property on a proportional basis.

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2019-10-10PublishedPublished 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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