As I explained in my previous article Furnished rentals: the advantages of the Micro-BIC system, revenue from furnished rentals are taxed as Industrial and Commercial Profits (BIC), which is fiscally a lot more advantageous. After having considered the advantages of the Micro BIC system, mainly that it is easier to use, I’d also like to discuss the advantages of the simplified réel system which is often more favorable to non-professional landlords or furnished rentals…
Following the law for a digital republic, from now on the Tourism code stipulates that the town councils of cities with over 200,000 inhabitants can implement registration for short-term furnished rentals for tenants not taking up residence.
Consequently, from the 1st December 2017, the registration number should appear on online advertisements and rental contracts for furnished apartments rented to tourists in Paris. This measure should be applied in Bordeaux from the 1st March 2018.
I’m happy to announce that the 4th edition of the “Guide to Furnished and Seasonal Rentals” comes out today!
Written for a wide audience, this guide is perfect for landlords who would like to rent out a furnished property throughout the year or just for a few weeks a year. It explains all the important legal regulations to know, practical advice to rent out a property (choice of accommodation, the furniture and services to provide, the administrative procedures to carry out, etc.) as well as the tax advantages of a furnished rental.
For the last few years furnished rentals have been a resounding success for landlords.
What are the advantages of this type of rental in comparison with unfurnished rentals? Is this investment still as interesting and under what conditions?
In towns of more than 200,000 inhabitants, a decision from the town council could mean submitting an advance notice to the town hall in order to register all the properties offered to tourists as furnished rentals. This has been put into practice in Paris and Bordeaux. Read more
Thanks to attractive rates and stable prices, real estate continues to be as attractive to investors. The only question is whether to choose unfurnished and furnished rentals to make your investment as profitable as possible.
Beyond the analysis that furnished rentals are more and more popular with tenants, here are four good reasons that will convince you to choose furnished rentals.