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V2714-21 8 November 2021 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · imputación de rentas inmobiliarias

Owning a second home triggers obligations for Income Tax, Property Tax, and Wealth Tax

The inquirer asks about the tax implications of acquiring a second home, whether located in the same municipality or held jointly. The Tax Agency clarifies that home ownership results in imputed income for Personal Income Tax (IRPF), the payment of Property Tax (IBI), and is subject to Wealth Tax.

The question raised

Tributación de la operación ya se adquiera la segunda vivienda en el mismo o distinto municipio, ya sea la propiedad exclusiva o compartida con terceros.

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