Europe 1 08:00 a.m., March 12, 2023, modified at 09:08 a.m., March 15, 2023
Investing in real estate continues to be an effective way to benefit from tax deductions and to obtain additional income.
If you want to embark on the adventure of rental investment this year, here are some essential tips for a successful property purchase.
First, the geographical location is essential for the success of your investment when we talk about “real estate”.
Target neighborhoods close to shops, transport or schools.
Investing in rental housing also means preparing for the future by building up assets.
If you have savings available immediately use it to the maximum because it will be so much less interest paid to the bank.
If not, you can borrow.
Unlike the acquisition of a main residence, the rental investment reassures banking establishments.
In any case, be sure to negotiate the rate and conditions of the loan carefully, taking into account the various tax systems and state aid, such as the Pinel Law which allows tax exemption until 2024.
This aid only works when buying a new rental property.
In return, the owners benefit from a reduction on their taxes depending on the duration of the rental.
Subjects covered: pinel rental law, pinel system, rental investment without contribution, investing in real estate, investment property, calculation of rental profitability, unpaid rent, rent receipt, real estate agency fees, rent review, free rent receipt, unpaid rent insurance, rent control, rent benchmark, roommate, roommate, rental lease.