For expenses derived from the rental of housing

Regulations: Art. 8 bis Revised Text of the legal provisions of the Community of Madrid on taxes transferred by the State, approved by Legislative Decree 1/2010, of October 21

Amount and maximum limit of the deduction

• 10% of the amounts paid in fiscal year by taxpayers who have properties rented as housing provided that they correspond to one of the following concepts linked to such leases:

  • - Repair and maintenance costs.

  • - Expenses for formalizing leasing contracts.

  • - Insurance premiums for damages and non-payments.

  • - Obtaining energy efficiency certificates.

• The maximum deduction limit is 154.65 euros, both in individual and joint taxation and regardless of the number of properties rented.

  The property is not required to be rented during the tax period in which the expenses included in the deduction occur. In any case, it will be necessary to prove the expected rental situation of the property that gives rise to the expenses.

  The deduction will only be applicable to housing leases provided for in article 2 of Law 29/1994, of November 24, on urban leases. Leases for purposes other than housing are therefore excluded.