TAX ASSISTANCE - OWNERS PROSPECTIVE BUYERS AREA - PROFESSIONALS AREA - ALREADY OWNING A FRENCH PROPERTY - FUTURE OWNER OF A FRENCH PROPERTY - LEASEBACK RELATED SERVICES
FRENCH PROPERTY INVESTMENT - TAX ASSISTANCE - ACCOUNTING - LEGAL - BANKING - TAX ADMINISTRATION - FRENCH AND ENGLISH SPEAKING SERVICES
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Prospective French Property Buyers
Is your investment worth it?
What will be the knock-on effects of the investment?
You have found a property in France that you wish to buy. It looks nice, it seems easy to rent. You can come and live in it for a couple of weeks each year. Sounds great!
The property developer, the real estate agent or your asset manager tells you it could be a great investment for you. But the property is worth several hundred thousand euros. Better not make a mistake.
Get an additional independent expertise on the investment with Tax-Assistance and make sure it will be worth it.
- Financial Audit. We review the terms of sales. We control the correctness of the numbers communicated by the selling agent and confirm (or not) the potential return on investment.
- Commercial Audit. We consider the selling price and tell you if there is room for negociation.
- Environmental Audit. We inform you on the geographical and economical situation of the area of your investment.
- Appreciation on the contractors. We give you our opinion on the service providers and contractors involved in your investment's project.
We usually talk about the French Leaseback Scheme as one single type of property investment. But in fact, the french tax administration considers that there are 3 different kinds of Leaseback. There is the "Non Professional Leaseback" (LMNP: Loueurs en Meublés Non Professionnel), then 2 kinds of "Professional Leaseback" (LMP: Loueurs en Meublés Professionnel): One if you buy the property as a private person and an other one if you do it through a company.
Now, the question is: What kind of Leaseback am I getting? The answer is not that complicated.
The french law has just changed regarding the conditions that determine whether you're an LMNP or an LMP.
You're LMNP if you: Buy to let fully furnished flats or properties. The revenues resulting from the lettings don't exceed 23,000€ per year and they represent less than 50% of the revenues you receive in France.
You're LMP if you: Buy to let fully furnished flats or properties. The revenues resulting from the lettings exceed 23,000€ per year and they represent more than 50% of the revenues you receive in France.
