I am trying to work out the amortization on my house for form 210. This is my first time renting out the house for summer holidays and paying tax on it.
As I understand it you are allowed 3% amortization but it says on construction value only not including the land. Where can I find this information?
I looked back on my escritura but it just says the price paid there is no breakdown.
On the IBI receipt there is a breakdown. Can I work out this percentage of construction and apply that to the original house price? ie 73% of total value.
Do you have a query on how to get things done in Andalucia, where to find things, who to call? Find out by posting and hear about others experiences.
1 post • Page 1 of 1
Who is online
Users browsing this forum: No registered users and 15 guests