20th Sept 2022
What are the capital gains tax rules that apply on the sale of a furnished rental property?
If you let out property in France, when you come to sell it, you will have a potential liability to capital gains tax.
The rules that apply will depend on whether you are a 'non-professional' landlord (Loueur en Meublé Non Professionnel - LMNP) or a 'professional landlord' (Loueur Meublé Professionnel - LMP). The terms are strictly fiscal.