Did you know you can get tax deductions of up to 100% on the amount you charge for the house you rent out?
The new Individual Income Tax Law states that you will not pay taxes on the amount you charge for the house you rent out in your next tax return if the tenant is under 35 years of age. If the tenant is older, you are eligible for a 50% tax deduction (Article 23.2 1, Law 35/2006, of 28 November).
