What are the main differences between renting furnished or unfurnished?

Click here to obtain a table which provides you with a comparison between furnished and unfurnished renting.

How can I get a land tax exemption on my newly built French property?

You can be exempted from land tax for 2 years if you complete a H2 form within 90 days from the date of completion of the building works. The exemption can be total or partial, depending on, whether or not, the district council where the property is situated, agrees to proceed with the exemption of the district quota of this land tax. If the H2 form is sent back after the 90 days, it is no longer possible to benefit from the exemption. If your property is rented out, and should you have to pay the land tax (totally or partially), you can offset it against your rental profits, and thus your income tax.

French tax advantages on newly built properties.

Owners who decide to rent out their new built French property, can benefit from tax advantages if they select this option upon declaring income tax the year of the building completion, and if they comply with the criteria.

If the option is not selected, it is not possible to benefit from tax advantages.

Tax advantages will no longer apply if the owner does not respect the commitments required by law. In this case, the deductions from which the owner has benefited will be reintegrated in the rental income, the year the reintegration occurs.