General Discussion

New laws re VAT

17 Juillet 2007

Hi

I have a leaseback near Toulouse and have just received forms from my accountant asking me to sign documents allowing them to act as guarantor in respect of VAT (apparently there is a new law as from Sept 2006). Does anyone know what this means? There is an English translation of the forms, but in typical tax speak it is all a bit confusing! Thanks in advance for any help.

Meeting

14 Juin 2007

Hi Folks

I am finding this irish Leaseback site very interesting. Would it be a good idea for Irish leaseback holders to meet up somewhere to have a meeting once a year to discuss leaseback issues? This is not to say that this is an excellent website with good information, personal contact is also good. What do members think?

Goldstar Nice RCM Non Payments

31 Mai 2007

Hi, first post so apologies if this is in the wrong place.

We own a couple of leasebacks, one in Paris and one in Nice. The one in Paris is well managed and has been working well for approx. 4 years, however the one in Nice (Goldstar) managed by RCM has turned into a complete nightmare.

After significant build delays (approx 1 year) and now after 1 year in full operation we have yet to receive a single Euro.

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29 Mai 2007

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2nd purchase

3 Mai 2007

I currently own a leasback property in a refurbished development and am considering a second purchase in the same development, an apartment that is 2 years into a 9 year lease agreement.

I'm wondering;

1. Is there any advantage/disadvantage in purchasing a property during the term of the lease.

2. Is there any tax advantages in having a second property inm the same development.

3. Can you extend an existing mortgage to cover the second purchase or do you have to take out a new mortgage (with Barclays).

Thanks,

REGAN

Grandalpes/BBV

2 Mai 2007

hi, does anybody have experience of the management company grandalpes (aka BBV)? i am thinking about buying a resale property in les menuires built by MGM.

also, looking to when the lease is renewed in 4/5 years time, what are people's experiences of renegotiating rental returns & personal use after the first 9 years?

Arc 1950

25 Mars 2007

 

Does any one know an owner of a property in the Arc1950 deveopment? Me and two friend are seriously considering buying there. We are having real problems tracking down current owners to ask of theie experience. What were thier actual returns, what is their opinion of the whole experience/ deal /commpany?

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