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FrançaisElyssee Marine, Palavas
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Hi, anyone investing in this new leaseback, just outside Montpellier?
General Discussion
Selling leasebacks
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Ok! What do we know about this new law regarding not having to repay the VAT discount when selling within the initial lease period? I've been searching various sites on the internet and find many conflicting reports. Although most sites say you don't have to repay it, many are saying that you will pay it in a different way by having to reduce the sale price by the amount of outstanding VAT.
I've had enough of this whole leaseback con and want to get shot of mine as soon as possible so any advice on this will be appreciated. Any ideas on this please?
Association of Owners
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Can anyone advise what exactly this is? If so, what are the benefits of setting one up, how do you go about it, and any idea of cost? Thank you.
Ann
Indexation of lease contract
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The (11 year) commercial lease we have been offered as part of a ski apartment leaseback in the French Alps is supposedly indexed to the French Construction Index (CCI). However, there is no rental increase until yr6, and then annual increases are capped at 1%. This is way below what the CCI annual increase has been recently. Is this typical - what annual increase are you achieving/been offered?
French Tax Returns
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I bought my leaseback three years ago and had a three year tax return by SARL Gefi built in.I have never received any copies of the returns from them.Has anyone dealt with SARL Gefi or have an e-mail address for them.Also,does anyone know if there is a way to get your details from the French Tax Office.
Gerryh
Valority
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Hi All,
Currently talking to an Irish office of a company called Valority about a potential lease back property.
Also talked to French Property Ireland; did anyone do business with them and what is your feedback?
Thank you for your help.
Where to sell a leaseback?
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I have a 38 square metre top floor apartment in Paris, St Denis with a double width balcony and underground parking space. The rent is paid regular at 1930 euros a quarter and has been for over 2 years, a Metro station will be opened with 1000 metres by 2012.
I want to sell, can anyone point me where to go and who to use, what I might expect to sell for? Will selling with the lease intact cause problems, restrict buyers?
Pay Tax on French Leaseback VAT refund?
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Hello All,
I am purchasing a French Leaseback property and even my French accountant can't assure me whether I will pay any UK tax on the 19.6% VAT refund? I should tell you that I am one of 3 people who have formed an SCI in order to purchase our leaseback property. In my mind, we would be drawing the VAT refund from the French bank account to which the SCI is linked, all into our personal English (where we are resident) bank accounts.
I welcome your suggestions,
Dan Hazlehurst
Definition of TVA and VAT ?
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Different website call something TVA and other VAT. Does anyone know the true definition of each one ? thanks
Saint Maurice, Paris
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Does anybody know who is sthe management company for the apartment in Saint Maurice ? any good/bad thing about them that you know of ?
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