The sale of a home is subject to a series of taxes, such as the income tax of individuals (IRPF), in the event that a capital gain is generated, and the tax on the increase of the value of the lands of urban nature (IIVTNU), also called municipal surplus value, in case of an increase in the value of the land.
Thus, in those cases in which the sale generates a capital gain to the seller, it would be subject to IRPF taxation, and must include it in the income statement. The capital gain is calculated based on the difference between the value at which the property is sold or 'transfer value' and the value at which it was purchased at the time or 'acquisition value', updating it by means of a coefficient that varies depending on the of the year in which the property was acquired.
The value of the transfer is the real amount of the alienation of the real estate, subtracting the expenses and taxes inherent to the transmission that corresponded to the seller, while the acquisition value is the actual amount at which the asset was acquired. the sale, to which must be added the amount of the expenses and taxes inherent to the acquisition.