General Discussion

Cotisations - Tax Fonciere

16 Octobre 2015

Hi All,

I've just read an article concerning something I've been pondering with regard to cotisations i.e. why would we, the owners, pay the cotisations when the property is leased out

to a business entreprise.  The following comes from: http://www.sareg.com/en/news/read/frenchpropertytaxes/

 

If you have signed a rental agreement with an agency or tour operator (who therefore obtain an income from the property), it is the agency or tour operator

CGH - LES FERMES DE SAINTE FOY

25 Septembre 2015

Hi

I ve been offered an appt in this development at what seems a keen price to the owners apparently needing a swift sale due to divorce.

The lease is due up in Dec 2017 and i forsee a possible large bill for a refurb at that point.

Any other owners on here able/willing to share their experiences of the development/leaseback/CGH ?

We love Ste Foy and go every year

Regards

Inheritance Tax

2 Septembre 2015

What is the position relating to Inheritance Tax when the owner of a leaseback property dies? Does the beneficiary have to pay Inheritance Tax on the value of the property at the time of death, even if the lease is still current? Or not unless and until they sell the property? Or when the lease expires? If the beneficiary renewed the lease indeffinitely would they escape Inheritance Tax?

Leaseback Owner Death

8 Août 2015

I have been concerned about what would happen to my French leaseback property if I die.

I have a French mortgage with mortgage life assurance, so the mortgage will be paid off (supposedly)

if I die. But what would happen then about local taxes, site management fees and letting company fees for a running lease ?

I have never seen this question asked directly here and can find no information on Google.

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