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Real estate

how to declare income from your furnished rentals?

July 18, 2024May 8, 2024 by Shikha Singh
how to declare income from your furnished rentals?

Particularity of furnished rented properties: rents must be declared in the category of industrial and commercial profits (BIC) and not, as for empty rented properties, in that of property income. The tax conditions depend on the type of rental you did last year. For long-term rentals, as long as the amount of rent you collected … Read more

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