The key issues
SCI: income tax or corporate tax
Under income tax, income is taxed in the shareholders’ hands; under corporate tax, the building can be depreciated but the capital gain is calculated differently. A choice to simulate over the whole holding period.
Furnished lettings
Under the actual regime, a furnished landlord can depreciate the property and furniture, which reduces the tax on rents. Capital gains rules and the move to professional status need close follow-up.
Property holding
Holding property through a company subject to corporate tax or a holding: rental income, financing, distributions. A structure to build with your advisers.
What we can take care of, à la carte
SCI and investments
- Review of the tax regime of an existing SCI
- Accounts, 2072 return or corporate tax return
- Depreciation schedule of the building under corporate tax
- Shareholder current accounts and allocation of profit
Furnished lettings
- LMNP / LMP actual regime: 2031 return and depreciation by component
- Comparison of micro and actual regimes, on request
- Works, loan interest, losses
Capital gains and sales
- Professional capital gains on furnished lettings
- Capital gains on the sale by a company under corporate tax
Your goals, our answers
“I want to choose between income tax and corporate tax for my SCI”
On request, we simulate both regimes over your expected holding period: tax on rents, cash, tax on resale.
“I want my furnished let under the actual regime”
We prepare the depreciation schedule and the 2031 return, and check your status, non-professional or professional.
“I want to prepare the sale of a property”
On request, an estimate of the tax on the capital gain depending on how the property is held, together with your notary.
Useful simulators
For a first estimate, try the following official simulators, built into our site.
Furnished rental: social regime
Registration obligation and social security regime for your furnished rental in France.
Corporate income tax
Corporate income tax on profit, with the reduced rate for small companies.
Estimate your budget now, for your situation: estimate my budget
Frequently asked questions
I live abroad: can I own French property through an SCI?
Yes. Non-residents can hold shares in an SCI; French rental income is taxable in France, and your situation in your country of residence must also be looked at.
What is the non-professional furnished landlord status (LMNP)?
The regime for furnished lettings when the conditions of professional status are not met. Income falls under industrial and commercial profits, with a choice between the micro and actual regimes.
When does one become a professional furnished landlord (LMP)?
When receipts exceed €23,000 a year and exceed the household’s other earned income. The social and tax consequences are significant.
How are property capital gains taxed?
The regime differs depending on whether the property is held directly, through an SCI under income tax, a company under corporate tax or as a furnished letting.
I live abroad: do I file returns in France?
Rental income from French property is generally taxable in France, whatever your country of residence; tax treaties then aim to avoid double taxation. Your adviser in your country of residence should also be consulted.
Property investor: does your accountant in France follow your SCI or furnished letting with your income in mind?
Yes. The accounting and tax engagement covers the accounts and returns of each structure: the 2072 return or a corporate tax return for an SCI, the 2031 return and depreciation by component for a furnished letting. Your accountant looks at the whole picture: each shareholder’s share, non-professional or professional status, tax on a sale; a comparison between income tax and corporate tax and an estimate of a capital gain are offered on request and priced in advance. Your choices rest on figures, over the whole holding period. In 2 minutes, your meeting is booked; in 5 more minutes, your fee estimate is shown. Get my free meeting and quote
Property investor (SCI, furnished letting) already working with an accountant in France: how do you join us?
It is simple: you send your termination letter to your previous firm (we give you an example to adapt), and we organise the handover of your file with them, in line with professional rules. We take over with them your depreciation schedules and shareholder current accounts, so nothing is lost. See the steps to change accountant