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Rentals: The obligation to report contracts to the AFIP no longer applies - Infobae
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Alquileres: dejó de regir la obligación de informar los contratos ante la AFIP
Esto se debe a la entrada en vigencia del DNU que derogó la ley de alquileres, entre otras normas
www.infobae.com
January 3, 2024
This is due to the entry into force of the DNU that repealed the rental law, among other regulations.
Rentals: the obligation to report contracts to the AFIP ceased to apply (Shuttertock)
The registration of real estate lease contracts was no longer mandatory after the entry into force of the Decree of Necessity and Urgency (DNU) which, among numerous provisions that aim to deregulate the economy, repealed the rental law.
However, the registration obligation is maintained for contracts signed prior to that DNU, which came into effect last Friday, clarified tax official Sebastián Domínguez.
The professional recalled that General Resolution 4933/2021 of AFIP implemented a regime, called RELI, so that real estate lease contracts can be declared before the collecting entity in compliance with the provisions of Law 27,551
“Implement the 'Registration Regime for Real Estate Lease Contracts' (RELI) so that lease contracts for real estate located in the country can be declared before this Federal Administration, in compliance with the provisions of Article 16 of Law No. 27,551″, according to said official text.
For Domínguez, according to the Noticias Argentinas agency, “given that the Decree of Necessity and Urgency No. 70/2023 repealed Law 27,551 on Rentals, we understand that there is no longer the obligation to carry out the registration of property rental contracts signed as of on Friday 12/29/2023, inclusive.”
“On the other hand, the registration obligation is maintained for contracts signed prior to said date,” clarified the CEO of SDC Asesores Tributarios.
The panorama of the sector
With the recent repeal of the Rental Law through a Decree of Necessity and Urgency (DNU) promoted by President Javier Milei , new perspectives are opening up in the real estate market for locations. In this scenario, a crucial question arises for those with savings or dollars in the mattress : Is it once again appropriate to invest in properties intended for traditional rental?From the sector they maintain that the dilemma is clarified, since the homeowners rejected the previous regulations from the beginning. They did not want to be tied to three-year contracts and preferred to go back to a maximum of two years to more quickly recover their ownership or have a greater rotation option.
Leonardo Rodríguez Nader , CEO of the Investment Community and treasurer of the Association of Housing Entrepreneurs , told Infobae that the repeal of the law is a positive sign for the real estate market: “This regulation did not adjust to the current context of high inflation and variable exchange rate, evidencing failures for both owners and tenants. Now there is a current opportunity to generate a significant supply of quality housing, especially in large cities.”
Experts recognize that, as the macroeconomy and prices stabilize, it will be necessary to establish some type of order and control. However, they emphasize the current opportunity to satisfy the demand for rental housing, responding to the needs of both tenants and those intending to rent.
For those with savings, returning to shorter-term contracts has considerable appeal. The attraction towards projects with mixed use stands out, covering both long-term and temporary rentals. In the city of Buenos Aires, this approach is supported by robust tourism demand, providing a great opportunity in both market segments.
After the repeal of the law, the real estate sector highlights the drop in prices for used (48%) and brand new properties (38%) in CABA in the last 5 years.
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