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V3404-19 ·12 December 2019 ·consulta-vinculante Medium impact
Tax

Cumulative depreciation of a property cannot exceed its acquisition value

The inquirer asks how to calculate the limit for deductible depreciation on a rented property. The DGT clarifies that, although there is an annual limit of 3%, the total cumulative depreciation cannot exceed the property's acquisition value.

In 6 key points

Lifecycle

2019-12-12PublishedPublished 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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