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prima:Senate approves 10-year extension of the tax exemption for rental income from housing

The measure would extend the benefit until 2035, but specifies that it does not apply to short-term rentals

March 12, 2025 - 3:46 PM

The measure seeks to keep the rental housing market stable and mitigate the effects of inflation, according to the explanatory memorandum. (Shutterstock)

To promote stability in the rental housing market in Puerto Rico, the Senate approved a measure to extend until 2035, the exemption on income generated by individuals from residential rentals.

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