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V3478-15 ·12 November 2015 ·consulta-vinculante Medium impact
Tax

Award of a property in a mortgage enforcement procedure results in capital gain or loss

The consultant asks about the tax treatment of a property awarded in a mortgage enforcement procedure where they acted as a guarantor. The DGT states that the transfer gives rise to a capital gain or loss, and that a loss from debt repayment requires exhausting the possibility of recovering it from the debtor.

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2015-11-12PublishedPublished 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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