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V1092-19 21 May 2019 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · rendimientos del capital inmobiliario

Amortisation, community fees and insurance costs are only deductible when the property is let

A taxpayer inquired whether they could deduct renovation, community fees, and insurance costs for a property that remained vacant for part of the year. The Directorate General for Tax (DGT) ruled that the deductibility of certain expenses is contingent upon generating rental income.

The question raised

Imputation of real estate income during periods when the dwelling was not rented, and the deductibility of renovation expenses, as well as community of owners fees and home insurance.

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