10.3.26. For investment in habitual residence that is considered protected

Amount

1. Taxpayers who acquire or renovate a primary residence that qualifies as protected housing, in accordance with state or regional regulations on the matter, will be entitled to apply a deduction of:

   • Until 5,000 euros in the year in which the acquisition or rehabilitation takes place.

     In the case of acquisition, the limit of 5,000 euros will be applied in a single year, which will be the year in which the acquisition of the home takes place through a private contract or through a public deed.

     In the case of rehabilitation, the limit of 5,000 euros will apply to those exercises in which the rehabilitation is carried out.

   • Until 1,000 euros in subsequent exercises.

     This limit will apply in subsequent fiscal years after the acquisition or rehabilitation if expenses continue to be incurred. This situation generally occurs when debt operations have been contracted.

2. If the expense that gives rise to the right to the deduction does not exceed the amounts established in the previous section, the maximum limit of the deduction will be set at the amount of the aforementioned actual expense.

   The total amount of this deduction may not exceed in any case the amounts set out in point 1.

Requirements and conditions

• The basis for the deduction is the amounts invested during the fiscal year in the acquisition or renovation of the home, including the amounts allocated to the repayment of mortgage loans (both the amounts allocated to the repayment of the principal and the payment of interest).

  The amounts paid for the construction of the home may be taken into account to determine the maximum amount of the deduction.

• If the taxpayer does not have a sufficient regional tax rate to apply the total deduction in the tax period in which the expense is incurred, the amount not deducted may be applied in the following three tax periods until the total amount of the deduction is exhausted, if applicable, respecting the limit indicated above.

• When two or more taxpayers are entitled to apply this deduction for the same assets for the same tax period, the maximum amount of the deduction will be prorated among them in equal parts, with the tax benefit being applied only to the declaration of those who meet the conditions established to be beneficiaries of the same.

• Documentary evidence of expenses that generate the right to deduction must be provided by means of an invoice or any other means of legal or economic transactions permitted by law.

Completion

If you have any amounts pending application from the 2022, 2023 and 2024 tax years, you will reflect their amount (you can check them in boxes 0800, 1611 and 0809 of the 2024 IRPF return).

It will record the amount paid in this fiscal year with the right to deduct and the number of people entitled to apply it.