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V2693-20 2 September 2020 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · rendimientos del capital inmobiliario

Depreciation of movable assets leased with residential property is permissible

A taxpayer inquired about calculating the depreciation of furniture in a rented property in the absence of original invoices. The Directorate General for Taxes (DGT) ruled that the depreciation of movable assets can be deducted, provided that their cost and date of acquisition are duly evidenced.

The question raised

For the purposes of determining real estate capital income, the method for calculating the depreciation of movable property provided together with the dwelling.

The DGT's ruling

Income from the lease of an apartment constitutes income from real estate capital. Movable property provided with the real estate is deductible through depreciation, applying the coefficients from the simplified depreciation table. The cost and date of acquisition of said movable property must be proven by any means of evidence admitted in Law.

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