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Hi Vinicius
Thanks for the article, very detailed and enlightening.
I have already made the Declaration of Permanent Departure and I own a property in Brazil, which I am renting out on a vacation rental basis through a very popular platform.
They are often renters who only stay for a few days, and the amount received for each stay doesn't even cover the cost of the condominium.
First question: do I have to pay the DARF even if there is no benefit? (zero tax, but it is recorded that there was rent)
Second question: if the first stay of the month does not cover the value of the condominium but the sum of all the stays of the month does, how should I proceed? The fact that the declaration isn't monthly like the Carnê Leao makes it very difficult to deduct the expenses, which are effectively monthly....
Thank you so much!
Caroline
Vinicius Tersi is a lawyer, specializing in International Tax Law.