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  • HOME LOANS : 5 MISTAKES TO AVOID WITH BANKS

    Getting a home loan from a bank can seem complex, especially if you're not prepared. Here are the five biggest mistakes you should avoid to avoid rejection and maximise your chances of success! The five mistakes to avoid when dealing with a bank to get a mortgage : 1. FORGET TO CHECK YOUR CREDIT RATING BEFORE YOU APPLY Be aware that your credit rating is an important factor in a bank's decision to approve your home loan, or not. If your credit rating is low, you are unlikely to get a loan, or at...

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  • MANAGING MY PROPERTY : HOW TO DECLARE THE OCCUPANCY STATUS OF YOUR HOME(S)?

    All owners of residential premises must declare on their \"impots.gouv.fr\" space, by june 30th at the latest, the conditions of occupation of these premises on the 1st of january 2023. Each owner of a dwelling is obliged to declare the nature of the occupation of this property (principal residence, secondary, rented, occupied free of charge or vacant) as well as the identity of the occupants. This declaration will enable the tax authorities to identify the dwellings that are still subject to council...

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  • FURNISHED RENTAL : WHAT ARE THE TAX PARTICULARITIES ?

    Furnished rental is interesting from a tax point of view, because it depends on the BIC tax system (traders) and not on land income (that of bare rental). It allows at least to benefit from a 50% deduction (with the Micro BIC system, accessible by right), or even to access a more lenient tax system (with the BIC system of simplified real income, accessible on option for many) by deducting all the expenses and by practicing depreciation.CONDITIONS FOR RENTING FURNISHED ACCOMMODATIONTo be able to rent...

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