Back to index
V2103-24 27 September 2024 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · exención por reinversión

Costs of a storage room and up to two parking spaces may be considered reinvested amounts

The taxpayer asks whether the amount spent on purchasing a garage and a storage room alongside a property can qualify for the reinvestment exemption. The DGT rules that it can, provided they are acquired in the same transaction, are located in the same building, and are for private use.

The question raised

Whether, for the purposes of applying the exemption for reinvestment in a primary residence, the amounts allocated to the acquisition of a garage may be considered as a reinvested amount.

The DGT's ruling

To treat garages and storage rooms as equivalent to the primary residence, they must be located in the same building or real estate complex and acquired in the same transaction as the residence. The assimilation of a maximum of two parking spaces is permitted. These amounts are considered reinvested amounts for the purpose of the exemption, provided that the reinvestment deadlines are met.

Book your free first meeting