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Follow on Google News | All about rental investment leasebackFormer Scellier boosted home sales made through the rental property investment for several years. Many individuals have and investing in apartments.
By: Odalys The device status or LMP / Leaseback also called device Censi Bouvard means rental Furnished professional and non-professional furnished landlord. It supports real estate sectors such as vacation homes or the student residences. The principle of operation is as follows: a professional or an individual investor makes an investment property and put the property for rent by partnering with a manager who will be responsible for management of the property and payment of rents. The leaseback tax is attractive because it allows to have benefits for more than nine years. The rate of tax exemption applied since 2012 is 11%. The difference between LMP and leaseback The difference between these two statutes is played on the amount of income received. You make a rental investment, you rent furnished property and the total amount of rent that you receive under the lease of the property is less than EUR 23 000 per year tax and if it is less than 50% of your total income, then you are considered as a professional Non furnished lessor. Otherwise, you will be owner furnished professional. Other benefits of leaseback system The owner may deduct expenses related to investment in rental income. It may be of interest on loans, taxes and all the costs of furnishing the home. The owner may deduct the depreciation of its investment and finally the VAT paid on the purchase of the property may sometimes be refunded. Are you ready to invest in leaseback? More informations About french Leaseback : http://www.odalys- A french property management : http://www.odalys- End
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