habitual residence

Find out if your mortgage deducts you in this year’s Income Tax return

Find out if your mortgage deducts you in this year’s Income Tax return

On June 30, the deadline for submitting the Income Tax returns corresponding to this year's campaign ends. Mortgages are deductible, but not for everyone. There are a series of conditions and limits that must be met so that the deduction for investment in habitual residence can be applied. We tell you what they are. When do you deduct the mortgage? It only deducts for taxpayers who bought the property and formalized the mortgage loan before January 1, 2013. The reason is that this deduction was abolished for all those who became buyers from that date. In addition, other requirements must…
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