English
FrançaisAssociation of Owners
Forums:
Can anyone advise what exactly this is? If so, what are the benefits of setting one up, how do you go about it, and any idea of cost? Thank you.
Ann
General Discussion
Indexation of lease contract
Forums:
The (11 year) commercial lease we have been offered as part of a ski apartment leaseback in the French Alps is supposedly indexed to the French Construction Index (CCI). However, there is no rental increase until yr6, and then annual increases are capped at 1%. This is way below what the CCI annual increase has been recently. Is this typical - what annual increase are you achieving/been offered?
French Tax Returns
Forums:
I bought my leaseback three years ago and had a three year tax return by SARL Gefi built in.I have never received any copies of the returns from them.Has anyone dealt with SARL Gefi or have an e-mail address for them.Also,does anyone know if there is a way to get your details from the French Tax Office.
Gerryh
Valority
Forums:
Hi All,
Currently talking to an Irish office of a company called Valority about a potential lease back property.
Also talked to French Property Ireland; did anyone do business with them and what is your feedback?
Thank you for your help.
Where to sell a leaseback?
Forums:
I have a 38 square metre top floor apartment in Paris, St Denis with a double width balcony and underground parking space. The rent is paid regular at 1930 euros a quarter and has been for over 2 years, a Metro station will be opened with 1000 metres by 2012.
I want to sell, can anyone point me where to go and who to use, what I might expect to sell for? Will selling with the lease intact cause problems, restrict buyers?
Pay Tax on French Leaseback VAT refund?
Forums:
Hello All,
I am purchasing a French Leaseback property and even my French accountant can't assure me whether I will pay any UK tax on the 19.6% VAT refund? I should tell you that I am one of 3 people who have formed an SCI in order to purchase our leaseback property. In my mind, we would be drawing the VAT refund from the French bank account to which the SCI is linked, all into our personal English (where we are resident) bank accounts.
I welcome your suggestions,
Dan Hazlehurst
Definition of TVA and VAT ?
Forums:
Different website call something TVA and other VAT. Does anyone know the true definition of each one ? thanks
Saint Maurice, Paris
Forums:
Does anybody know who is sthe management company for the apartment in Saint Maurice ? any good/bad thing about them that you know of ?
No tenant for one whole year
Forums:
I have a bought a Lease-Back in Carcasonne and one year later, no tenants have been found for almost half of the 80 apartments in the block. What I had mistaken for rent on my account each month was in fact insurance
- I discovered this by accident when calling the 'gerant' about something else - there has been no official communication giving updates.
- There may be a problem with the tax rebate due to no tenant and therefore no real rental income
No Tenant and time is running out
Forums:
Has anybody had the same experience. I live in France and bought a "lease-back" in Carcasonne. Everything went like a dream until I realised that the sums of money appearing on my bank statement every month was not in fact rent but insurance. I discovered this in November when during a conversation with the Estate managers, they 'happened' to mention that I had not tenant. This is February, the insurance runs out soon and still no tenant. Has anybody else had a similar problem, there are so many people in the chain that it is hard to know where to start as 'nobody' is responsible.
Pages
