The Council of Economists believes that tax benefits can help boost investment in housing for rent. The body specialized in tax advice of the General Council of Economists of Spain (REAF) presented a report on the Declaration of Income and Equity last April. In that document, they analyzed the ...

Use taxation to boost the rental market?

Real estate news, rent market taxation.

The Council of Economists believes that tax benefits can help boost investment in housing for rent.

The body specialized in tax advice from the General Council of Economists of Spain (REAF) presented a report on the Declaration of Income and Equity last April. In this document, they analyzed the state and regional news of this campaign and informed the taxpayers about the issues that must be taken into account when making the income statement.

The president of the General Council of Economists Valentín Pich believes that with the accounts presented, the Government will be able to fulfill its stability commitments with Brussels. However, he acknowledged that part of the increase in tax collection is based on the evolution of economic activity and this continues to present some uncertainties.

Likewise, the president showed concern about the evolution of the rental price in In recent years: "If this situation persists, the tenants will have to press for an increase in wages to be able to live, which will undoubtedly have an effect on the economy, through more inflation and loss of competitiveness." "Either it is a housing policy in earnest, or this is going to be a mess".

However, it recognizes that it is a very complex issue that a large part of the competences are in the hands of the autonomous communities and town halls. But he admitted that taxation can be a very powerful instrument and everything that is done to boost investment in rent would be good, given the rebound in rents .

>

In this case Spain is behind other European countries. Pich recommended to the rulers what can be done from taxation to curb the rise in house prices , although he admitted that it seems bad now to recommend investing in housing.

On the other hand, he acknowledged that there are many nuances when thinking about the possibility of recovering rent deductions for tenants, remembering that fraud problems should be avoided.

Tax advisors also highlighted how contributions to pension plans have been reduced in recent years. "We believe that it should be possible for all those citizens who can save to complete their public retirement pension to do so without forcing us to go against the public system," Pich said.

News view in CincoDías

Inbound Real Estate Marketing

Inbound Marketing What is this? The Inbound MK or Inbound Marketing or even Attraction Mk with which it is often named is a new trend in digital marketing. As we read on the page of its creators, Brian Halligan and Dharmesh Shah, «HubSpot was founded in 2006 as a result of a ......

Protect your business: 7 Tips to avoid a cyber attack

Currently, all companies depend on technology and both business and personal information may be exposed to cyber attacks. It is very complex to protect computers 100%, but there are some formulas to prevent them with a high percentage of success. Here are some tips: Content1 Protect computers.2 Make backups.3 Browsing ......

Real estate news. title =

July 17, 2018. Investing in real estate is increasingly in demand, not only do individuals, but companies are in full search for housing, since investment in them is highly profitable. Eight out of ten Spaniards are homeowners, so the big investors are looking for alternatives to ......

The training of a real estate agent

To be a good agent of the real estate market, training in different subjects is essential. These subjects range from knowledge of technology and marketing to knowledge of economics and social skills. - ACADEMIC TRAINING An academic education oriented to marketing and economics is fundamental. Regarding marketing, it is important to know how to sell. Even if …...