Phone: 04 79 09 93 27 Taxation FOR THE CHAPEL ONLY TAX FILE The LMNP Bouvard-Censi law The Bouvard-Censi amendment applied to the LMNP law provides buyers of housing with LMNP status all the advantages of the Scellier 2010 law. This new investment solution therefore makes it possible to reduce income taxes by 11%. The deputies Bouvard and Censi tabled an amendment to the LMNP law (Renter in Furnished Non-Professional). This real estate tax exemption law is very advantageous for investors who acquire an apartment in a Residence with Services between January 1, 2009 and December 31, 2012. The beneficiaries of the Bouvard-Censi Law are French taxpayers who will acquire a Service Residences. The Bouvard-Censi law results in a tax advantage in addition to the LMNP law and this dated March 2009. Principle of the Bouvard Law: This is a tax advantage backed by the existing LMNP law. You invest in real estate in Service Residences of the type: - Tourism residence - Student residence - 3rd age residence You agree to rent the property for a minimum period of 9 years The benefits of such an investment are: VAT deduction, i.e. 19.60% reduction on the amount of the investment. - The Bouvard law may allow you to obtain a tax deduction of around 11% of the price excluding tax of the goods purchased. - Contractual rental guarantees, signed before a notary (minimum 9 years) are guaranteed to you. A manager will take care of the fact that no rent remains unpaid, that there are no problems related to the rental or the management. - The rents received are tax-free for 20 to 25 years - The first 2 years or even longer, the owner benefits from an exemption from property tax Thanks to these many advantages, the LMNP Bouvard-Censi law represents one of the most attractive property tax exemption laws, in the same way as the Scellier 2010 law. To benefit from the advantages mentioned above, the investor must meet a certain number of conditions: -The Lessor must benefit from the Non-Professional Furnished Status (LMNP), this applies to the tax household, no member of the tax household should benefit from this status. -L’investisseur doit au maximum un mois après acquisition et pendant une durée de 9 ans minimum louer en meublé les logements achetés à la personne qui exploite la résidence. La part d’impôt déduite est répartie sur les 9 ans (durée de location minimale), si la réduction d’impôt dont l’investisseur doit bénéficier est supérieure au montant de l’impôt dû par celui-ci, la différence peut être reportée sur les années à venir (dans la limite de 6 ans). Les atouts de la loi LMNP sont toujours : - Soumission au BIC : déduction de tous les frais, amortissement des immobilisations… - Imposition des plus-values comme plus values privées : exonération après plus de 15 ans. - Déduction de la TVA. Bon à savoir : La loi LMNP « BOUVARD-CENSI » n’est soumise à aucun zonage comme peut l’être la loi Scellier 2010. Cette loi apporte donc un vrai plus aux investisseurs : déduction de TVA à laquelle vient s’ajouter l’application des règles BIC. Bureau des ventes : SOTARBAT PROMOTION, 281 Route de Montrigon - BP 36 - 73700 BOURG ST MAURICE - FRANCE Tel : +33 (0)4 79 09 93 27 Portable : +33 (0)6 27 61 03 06 Fax : +33 (0)4 79 07 56 98 Real estate developer for chalets, apartments and residences in Savoie - FRANCE SOTARBAT Promotion - 281 Route de Montrigon BP 36 - 73700 BOURG SAINT MAURICE Tel: 04 79 09 93 27 Site map | Links | Legal notices | Creation and Development VISTACOM Powered by WordPress | Log in