

Likewise, the tenant may request an inspection from the Treasury or even a formal request through the courts, which will cause the apartment to be declared and the corresponding fines paid.

Tenants can present the rental payment in their Income Statement to obtain tax benefits but in the event that the owner does not declare the lease, this will alert the Treasury and may perceive this infraction. Conflict of interest between landlord and tenant The owners who declare the rented house will be entitled to several tax benefits that they will lose if they rent in black as a deduction of up to 60% in personal income tax from income received and even in housing-related expenses such as repair works or hours insurance, among others. In addition to the sanctions that the Tax Agency will impose, the idealista real estate portal also highlights a series of risks that the landlord may face when committing this infraction. However, this Illegal action may carry penalties of up to 150% of the undeclared amount.

However, Fotocasa assures that one in three of these homes are not declared, since they carry out a rent in black The income received from leasing a property is considered in the IRPF tax as "real estate capital yield". Sometimes, for some Spaniards, the Income Statement is paid to the Treasury, so it is quite common for them to make the occasional "trick" to avoid having to declare certain income that they receive, such as rent. The annual appointment with the Tax Agency is just around the corner, since in a month, next April 11, the Income statement corresponding to the fiscal year of 2022 will begin, where taxpayers must declare their Personal Income Tax and Equity.
