General Discussion

La Joue du Loup / Superdevoluy

21 Novembre 2007
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General Discussion

Following the collapse of Transmontagne an association of co-proprietors (ASCODEV) has been formed to protect the rights and look after the interests of owners at La Joue du Loup and Superdevoluy.

The association has set up a website (see link below) where members can leave messages and the association can pass information to its members. The site is conducted in French, however, several of the very helpful members are translating and forwarding important documents and information to the UK owners.

Taxe d'habitation

20 Novembre 2007
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General Discussion

Got a nasty surprise today - a Taxe d'habitation + Redevance Audivisuelle 2007 request for nearly 800 euros!

I understood that the occupier of a property is liable for the Habitation tax and for my leaseback that would be the tenant or more correctly the management company Suites Etudes. I never received any Habitation tax request for 2006 so I'm assuming it's a mistake and have written to the Centre Des Impots.

How much tax do I pay?

16 Novembre 2007
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General Discussion

Hi

I have a few quick questions:

1. If my rent including VAT is 6,600 and my mortgage is 10,000 per year (a 3,400 deficit) how much tax do I pay to the french govt.

2. Do I need to have an accountant or can I do my returns myself? If I need one how much do they cost and does anyone know of a good one who doesn't rip you off?

thanks

Terrence

 

Rental return 50% of total rental income?

18 Octobre 2007
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General Discussion

Hello forgive me for huge subject heading (I'm a newbie)! I'm thinking of purchasing an apartment on the leaseback scheme and some of the contract details have been released as follows:

The rent will represent fifty percent (50%) of the pre-tax rental income (rent collected) received by the MANAGEMENT COMPANYOPERATING COMPANY during the past year, calculated starting from the date the lease takes effect, for all of Building A used as a Tourist Residence,

Accountant company

17 Octobre 2007
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General Discussion

Hi,

What costs except landtax and cost to the accountant do I have to pay each year? Can anyone recommend a reliable and not to expensive accountant company? What is the "normal" fee per year to the accountant company for a 30 kvm apartment in Paris area?

If I don´t renew the lease after the first period and want to change from leaseback to a normal property and have it for my own (or sell). Is it the management company that decide if I may do so or is it the mayor, that I read somewhere?

Best Rgds
 

Chamrousse- L'ecrin des Neiges

17 Octobre 2007
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General Discussion

Hi there,

I was wondering if there are many people on this forum who have bought an apartment in L'ecrin des Neiges? I did and was there in February and all seemed well at the time?

Obviously with unexpected bills now being sent our way, rental payments not being made and the management company potentially bankrupt, things aren't so well.

I understand that there is a residents committee for Chamrousse but this is not for the above development.

Leaseback contracts

6 Octobre 2007
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General Discussion

Have any leaseback owners been contacted to try and change the terms of their contract with regard to capping the amount of rent received? This is being attempted in my case. According to the management company, this is necessary to prevent future financial problems with the property. I am trying to find out if this company is the only one foreseeing future problems or is it a problem generally with other leaseback companies.

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