Buying a property in Türkiye? Whether you dream of a private second home or a rental investment, your tax bill depends entirely on how you use it. The 2025–2026 tax reforms changed everything: mortgage interest is no longer deductible for residential rentals, but the 14‑day tax‑free rental rule still exists for second homes. And hold for 5 years – capital gains become zero. Before you sign, know which path saves you more.
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Second home: No rental income to declare. Keep the 14‑day tax‑free rental window.
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Investment property: Deduct repairs, insurance, property tax, plus 5% of purchase price for 5 years.
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Mortgage interest deduction is gone for residential rentals as of 2025 (Law No. 7566).
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Sell after 5 full years = zero capital gains tax in Türkiye.
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Always consult a local Turkish tax professional – rules changed significantly.