In 2024, faced with growing fiscal pressure, thetax optimization of your real estate assets is becoming a necessity. The experts at our accounting firm offer tailor-made solutions to lighten your tax burden while remaining fully compliant with current legislation.
What is real estate tax optimization?
Real estate tax optimization consists of using legal measures to minimize the taxation of your real estate assets. This strategy incorporates various aspects of the General Tax Code, as well as the specifics of the Civil Code and the Construction and Housing Code. Our approach ensures that all actions taken are legal and effective.
The difference between real estate optimization and tax exemption
Although often confused, tax optimization and real estate tax exemption do not have exactly the same objectives. The tax exemption specifically targets tax reductions via schemes such as Pinel or Malraux, while optimization can involve more complex strategies, including the creation of tax-efficient companies or estate reorganization to minimize inheritance tax.
Main real estate tax exemption schemes
- Pinel law: Tax reduction for the purchase of new property to let in certain geographical areas, with reduction rates of 9%, 12% or 14% depending on the length of the rental commitment.
- Pinel Overseas: Conditions similar to the Pinel law, but with higher reduction rates, up to 25%.
- Monuments Historiques scheme: Allows a full deduction for the cost of renovating a listed property, offering a significant tax reduction for high-taxpayers.
- Denormandie law: Focused on the renovation of older properties, with a deduction of up to 21% of the total cost, subject to work conditions.
- Malraux law: Allows a tax reduction for renovation work in protected areas, offering up to 30% of reduction within the spending limit of €100,000 per year.
By choosing an accountancy firm specializing in real estate tax optimization, you can not only benefit from these schemes, but also adapt these strategies to your personal situation to maximize your tax benefits while securing your investment.
