7,3,6,4. Home rental reduction

In the case of leasing real estate intended for housing , the positive net return will be reduced by 60%.

This reduction will only be applicable to positive net income that has been calculated by the taxpayer in a self-assessment submitted before a data verification, limited verification or inspection procedure that includes the verification of such income has been initiated. .

In no case will the reduction be applicable with respect to the part of the positive net income derived from income not included or from expenses improperly deducted in the taxpayer's self-assessment and that are regularized in any of the procedures mentioned in the previous paragraph, even when those circumstances have been declared or accepted by the taxpayer during the processing of the procedure

The reduction is also applicable when, since the tenant is a legal entity, it is proven that the property is intended for the housing of certain natural persons.

In tourist rentals the 60% reduction is not applicable since their purpose is not to satisfy a permanent housing need but rather to cover a temporary need.