Cómo sacar partido a la fiscalidad de la vivienda tras el nuevo decreto

The recent decree took effect and includes a comprehensive tax package with significant modifications, necessitating careful planning to avoid discrepancies with the government. Tax attorneys Asval and Pablo González Vázquez from GVA Asesores provide several recommendations.

For contracts that are still in effect, they advise reviewing the current agreements and comparing the old and new regimes for reductions before signing. The reductions for lowering income come into effect on December 1st. Property owners should verify if they meet the criteria for being a large shareholder under the new computation, which occurs when they own ten or more properties. They must also consider the cost incurred by materials during the rehabilitation of rental properties to apply for reduced VAT.

For owners of tourist properties, it is essential to register for VAT before December 1st. This includes collecting bills for labor costs and materials. Owners of vacation homes should prepare for the VAT registration after December 1st by gathering purchase, renovation, and furniture invoices. They should also consider the impact of the new imputation scale starting in 2027 and review any transfers to family members before the same date.

In the case of second residences, they should preserve evidence of use, such as bills and energy supply receipts.

For property owners selling vacation homes to the state, they should assess the reinvestment of profits in the Financial and Investment Account of Europe to ensure taxation is exempt. In the case of tenants, they must verify if they meet the annual income limit to qualify for the reduction (33,007.20 euros). Additionally, they should plan the application of 2026 results with the new taxation on the horizon and document the quarterly composition of their portfolio.