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V1513-18 5 June 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · rendimientos del capital inmobiliario

Early mortgage redemption costs are deductible for rented properties

A landlord has enquired whether costs arising from the early redemption of a mortgage can be deducted. The DGT has ruled that these financing costs are deductible.

The question raised

Taxation of the aforementioned expenses.

The DGT's ruling

Expenses necessary to obtain income from real estate capital are deductible. In addition to interest, deductible financing expenses include credit cancellation fees, notary fees, and mortgage cancellation fees at the Land Registry.

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