English
FrançaisTony and Brian Moore
Forums:
Has anyone had any dealings - good or bad - with
these brothers who are selling leasebacks in the
south west of France?
General Discussion
Leaseback Delays
Forums:
Hi Seamus,
Looks like my leaseback is going to be delayed another two months (8 months late in delivering if they meet their latest target). I've paid everything except 4,500 for furniture and lost over 12,000 EUR in interest payments (not capital) because of the delay. Can you reasonably tell the developer to forget the balance of the furniture or claim refund of interest costs beyond a certain period?
Thanks
Toddy
Annual French Tax Return
Forums:
Hi Seamus and co. Here's a few queries re the annual French tax return :
1) By what date must it be returned ?
2) Is it a simple enough document to complete correctly ?
... or ...
3) Would you recommend getting a professional to deal with this ?
If so can you recommend someone?
Barclays Again...
Forums:
Hi there,
Barclays want 5.26% to for a 20-year fix (existing variable rate mortgage) and I have another offer from a local bank in Nice for 4.45% fixed. To add salt to the wund, I got a letter today saying I have to pay €5260 to fix it at this rate or wait till September when long term rates are even higher.
Advise on Leaseback Development companies
Forums:
Hi there,
I just started looking for a leaseback programs for investment purpose. I will appreciate recomendation "web site" with good reputation leaseback development companies having programs in Paris, and Cote d'azur.
Thanks & Regards
Assia
Income Tax
Forums:
On leaseback cash rent, is Income tax payable in France or just in the
home country of the owner?
if it is payable in France, how much does this tend to be?
Thanks
Return of 19.6% VAT
Forums:
Hi Seamus,
If a leaseback is up and running i.e. so the lease commences immediately - and there is a full VAT refund - how long does it usually take from buying a leaseback that has started operating (i.e. drawing down all the loan immediately) to getting the VAT back from French Revenue?
Thanks
Toddy
VAT and Rent
Forums:
Dear Seamus
I have found your site extremely useful and informative.
I am in the process of potentially buying a leaseback but I have found the
position regarding the VAT situation and rent quite confusing. I gather I
would be paid rent, in my case 4% of the capital price of the property (less
VAT) each year. This amount would then be subject to 5.5% VAT. I
presume the French accountant will sort this out to some extent, I just
have to complete a declaration. But, if I try and understand it, I get the
Maisons de Biarritz
Forums:
Hi there,
Does anyone have any feedback on Maisons de Biarritz. What are they like as a mangement company / are rent cheques received on time?
Toddy
French Measurements
Forums:
Hi there,
What precisely is included in the square footage calculations in France? What are the general rules for calculating sqft?
Thanks
Toddy
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