If you have invested in French real estate for rental income, according to this article in Le Monde certain expenses can be used to help reduce the tax burden you experience.
Please note you need to speak to a French tax advisor to be sure all this information is current and still possible.
What French real estate expenses can be deducted:
According to Christine Valence-Sourdille, ingénieure patrimoniale chez BN you may be able to deduct :
One
Expenses related to the management of the French property (condominium fees, property taxes, insurance)
Two
Expenses related to certain finance operations (fees, mortgage registration, insurance premium…)
Three
Expenses related to the maintenance, repair and improvement, that is work used to keep the dwelling in good condition such repairing a roof, replacing the heating..
Before you use these guidelines make sure you contact an English speaking French tax advisor.
Read original article in French here
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