Did you know that there are numerous tax relief schemes ? If you wish to reduce your tax return, several solutions are available to you depending on your situation. The government has put in place several supports: tax assistance linked to family and dependent persons, such as the personal services tax credit, tax assistance relating to donations that you can make if you feel like it. said and to investments in a company and finally tax benefits directly linked to your accommodation.
Your home can allow you to reduce your taxes, for example with MaPrimerénov’, which finances several types of energy renovation work, with the Pinel and Duflot system following a new rental property investment or even thanks to Loc’ Benefits. This help allows you to benefit from a tax reduction when you offer for rental accommodation at a rent lower than the market price, all under conditions. Explanations.
What is Loc’Avantages, formerly called “Cosse”?
As its name suggests, Loc’Avantages is a system that offers a tax advantage for owners who present accommodation for rental. This financial assistance allows you to benefit from a tax reduction, calculated based on the amount of rent. Clearly, the lower the rent of the tenant’s accommodation, then the higher the tax reduction for the owner will be. Loc’Avantages replaces the old “Affordable Rental” system, known as “Cosse”.
How does the Loc’Avantages system work and what are its conditions?
If you wish to benefit from Loc’Avantages, you must meet the following conditions:
- the amount of rent for your property must be lower at local market price;
- the accommodation must be Principal residence of the tenant;
- the tenant must not be a family member;
- the tenant’s income must not not exceed the ceilings resources set by the State;
- the accommodation must be unfurnished ;
- the accommodation must not not be classified in labels F and G of the energy performance diagnosis (DPE), in other words it must not be a thermal sieve;
- the rental must be of minimum duration of six years as part of an agreement signed with the National Housing Agency (Anah).
How much is the tax reduction?
Loc’Avantages may entitle you to a tax reduction, the amount of which may vary from 15 to 65% depending on your situation. This reduction is proportional to the amount of the rent offered for rental. The landlord has the choice between three rent levels:
- Rental 1: the amount of the rent is 15% below market prices;
- Rental 2: the amount of the rent is 35% below market prices;
In the event of recourse to rental intermediation, in other words if you decide to use a social real estate agency or an association approved by the State to rent your accommodation, then the amount will be increased. In this case, the amount will be:
- Loc 1: 20% below market prices;
- Loc 2: 40% below market prices;
- Loc 3: 65% below market prices.
What are the advantages of rental intermediation via Loc’Avantages?
Please note that if you opt for rental intermediation with a Loc 2 or Loc 3 rent level, you can benefit from a bonus. This premium will bean amount of €1,000 if you resort to rental/subletting, oran amount of €2,000 in the event of use of a rental management mandate, in other words if you delegate the management of the property to a social real estate agency or an approved organization. Furthermore, this bonus will be again increased by €1,000 if the surface area of the accommodation is less than or equal to 40m2.
How to use the simulator to find out the rent ceiling and tenant resources?
If you are curious to know the tax advantages you can benefit from with the Loc’Avantages system, there are A online simulator, on the Public Service website. This tool allows you to simulate the rent ceilings (depending on the size of the family), the maximum resources of tenants as well as the rate of the tax reduction.
Very easy to use, the simulator first invites you to accept the conditions of use of the site. Then, you must enter your address, your postal code, your city as well as the surface area of the accommodation in question. You will then obtain a simulation.
How to declare and benefit from Loc’Avantages?
If you meet the criteria mentioned above and you wish to benefit from Loc’Avantages, you can submit a file on the dedicated platform on the Anah website: monprojet.anah.gouv.fr. Please note, you must make your request before December 31, 2024.
Sources:
- Loc’Avantages: a tax reduction system – Ministry of the Economy and Finance
- Loc’Avantages: rent affordably and benefit from a tax reduction – Ministry of the Economy and Finance
- Loc’Avantages – France Renov