Skip to content
Back to index
V0420-22 3 March 2022 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

Reinvestment exemption for main residence requires full ownership of the reinvested portion

A taxpayer inquired whether the exemption for reinvestment in a main residence could be applied when selling a 50% share of a property and reinvesting the proceeds into a new home where they would hold full usufruct and 50% bare ownership. The Directorate General for Taxes (DGT) ruled that the exemption will only apply proportionally to the portion of the residence for which the taxpayer holds full ownership.

The question raised

Tratamiento fiscal de dicha venta en el Impuesto sobre la Renta de las Personas Físicas y posible aplicación de la exención por reinversión en vivienda habitual.

Book your free first meeting