To pay a second property tax and regularly finance renovation work, you want to resell Your country house. The catch is the tax on Plus-sale of transfer Who hangs you in the nose. Real estate capital gains, with the exception of those made on the main residence, are indeed subject to income tax (IR), to the rate of 19%, and to social security contributionsat the rate of 17.2%. Or a overall taxation of 36.2% on added value sale of your second home or rental investment.
The taxable capital gain, however, benefits fromDevelopment duration durationwhich reduce its amount and, therefore, the income tax and the social security contributions that you will pay on it. Thus, from the sixth to the 21st year of detention, you benefit from a reduction of 6% per year on the added value of sale, and a reduction of 1.65% for social security contributions. And, after 22 years of detention of the property, the added value of sale is fully exempt from income tax. Ditto for social security contributions but after 30 years. Not enough to rush to sell your property!
Real estate loans: 15, 20 or 25 years old… how long should you take?
Identical abundance for income tax and social security contributions
However, until a reform of former Prime Minister François Fillon, which entered into force in 2012, the duration of detention to benefit from a total exemption from the capital gain in real estate was 15 years old, Whether it is the IR or social security contributions, recalls the deputy UDR (Union of Laws for the Republic) Eric Ciotti, in the presentation of the reasons for a bill aimed at “Relaunch the housing sector”tabled in the National Assembly on May 13. Lengthening the duration of detention “Has a negative impact on the real estate market. For fear of being heavily taxed, the owners are encouraged to maintain their goods in their heritage, rather than taking them to the benefit of applicants such as the young generations ”underlines the parliamentarian. He therefore offers Bring the duration of detention to 10 years To benefit from a total exemption from the IR and social security contributions from the capital gain.
His bill also establishes a “moratorium”, without further details, on theProhibition to rent thermal colanders. Under the climate and resilience law of 2021, the housing classified G on the diagnosis of energy performance are indeed prohibited from rental since January 1. A ban that will strike the goods classified F in 2028, then those noted in 2034. “THE Cost of energy renovationsoften heavy for small donors, becomes difficult to sustain in a context where access to credit is limited ”argues the deputy. And, “By excluding from the rental market thousands of dwellings that do not yet meet these DPE criteria, the available supply is mechanically reduced, even though demand continues to grow”he adds. It is still necessary that his bill, that he would like to see in force on January 1, 2026, be examined and adopted by the Parliament.
He installs a camera in his garden … but his neighbors dragging him to justice
>> Our service – estimate the price of real estate (immediate, free and without obligation)
