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V3047-20 ·8 October 2020 ·consulta-vinculante Medium impact
Tax

Deduction of necessary expenses and proportional depreciation for properties rented for tourist use is permitted

A taxpayer inquired whether they could deduct expenses for a property used as a primary residence but partially rented out for holiday purposes. The Directorate General for Taxes (DGT) ruled that, as no hotel services are provided and no employees are hired, the income is classified as income from real estate capital, allowing for the deduction of proportional expenses and depreciation.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment for individuals renting out parts of their primary residence for short-term holiday stays, distinguishing such income from business activities and confirming the eligibility for expense deductions.

Lifecycle

2020-10-08PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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