Renting out a flat in Spain: what you really pay, and the expenses almost nobody claims
Renting out a flat looks like the easy part: you sign the contract, you collect every month, and that’s it. The complicated bit shows up in the tax return, and almost always for two opposite reasons: many people assume that money is taxed lightly (it’s taxed at their highest rate) while at the same time leaving out expenses the law grants them, starting with the biggest one of all, which doesn’t cost them a euro a year.