Investing in stone… We have found nothing better to build up a secure and lasting heritage. But while interest rates have reached historic lows, property prices have risen over the years. This is why the accompaniment by a State device makes it possible to reduce the bill for your investment while doing a good deed. Explanations.
It’s a fact: the real estate tension is more and more significant, especially in certain areas. To help low-income households find housing in these areas in decent conditions, the State offers investors the Pinel system. This allows the purchaser of a new or old rehabilitated property to benefit from a tax reduction on the purchase price.
Among other conditions, the owner must agree to rent his property for 6, 9 or 12 years without exceeding a rental ceiling. The tax advantage will reach 12, 18 and 21% respectively. The apartment or house must also be in one of the three zones defined by the government. To verify that the investment you are planning is eligible for the Pinel scheme, you can use a Pinel simulator. By providing some information, the Pinel tool will give you a better view of your financing possibilities.
Less known, the Pod device is also called the Affordable Rent device. Here again, it is a question of renting a property in the tense areas concerned to people with modest incomes with a moderate rent. The big difference is that this property can already be acquired.
Clearly, the owner of an old apartment can decide to rent it by agreement with the National Housing Agency (ANAH) for 6 years, or even 9 years if work aid is included. The investor will then benefit from a deduction on the gross property income. Depending on the area and the level of rent, this deduction can reach 85% of income.
Remember. On November 5, 2018 in downtown Marseille, a building collapsed, killing several people. In response to this tragedy, the government is opening a new scheme to encourage the rehabilitation of old housing. The Denormandie device therefore allows investors in old degraded neighborhoods to benefit from a tax reduction modeled on the Pinel device, ie 12, 18 or 21% for a rental commitment period of 6, 9 or 12 years. The main criterion for accessing this aid is that the property must be renovated for 25% of the total cost of the operation.
Note that the operation cannot exceed an overall invoice of €300,000 and that the work must necessarily be carried out by an RGE-certified company. In addition, the resources of the tenants must not exceed a certain amount and the property must be located in one of the 222 cities of the heart of the city action plan or in a municipality whose administrators have subscribed to an operation to revitalize the territory. . Like the Pinel simulator, a Denormandie simulator is also available online.