Türkiye launches rental income tax declaration period for 2025

 From March 1 to March 31, 2026, Turkey opens the filing period for rental income earned in 2025. Declarations must be submitted electronically via the Hazır Beyan Sistemi, developed by the Gelir İdaresi Başkanlığı.

Residential property owners must file a declaration if their annual rental income exceeds 47,000 TRY. For commercial properties, the threshold is 330,000 TRY gross income. Individuals who received rental income without withholding tax and exemptions exceeding 18,000 TRY are also required to declare.

A tax-free allowance of 47,000 TRY applies to residential properties. If the income is below this amount, no declaration is required. When renting out multiple apartments, the exemption is applied once to the total income. In co-ownership cases, each owner may benefit from the exemption separately.

The exemption does not apply to individuals declaring commercial or professional income, nor to taxpayers whose total annual income in 2025 exceeded 1.2 million TRY.

The tax is payable in two installments: the first by March 31, 2026, and the second by July 31, 2026.

For investors considering property as a source of income, Stay Property offers projects suitable for short-term rentals with full property management. The company handles all operational processes, while owners can use the property for personal holidays during selected periods.

Online консультаtion is available via the website chat.