Buying in France?

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I want to buy a hotel in France the one i have in mind has several other properties included, if i split the unwanted ones an sell them off for less than the original price paid will i pay tax??

2006-11-02 21:34:46 · 2 answers · asked by mrs ruggers 1 in Business & Finance ➔ Renting & Real Estate

2 answers

Hello,

In france, if you sell a property you bought less than 5years ago, you'll pay a tax on the benefit you did (regarding your buying price). Have a great day, from France

2006-11-03 06:15:58 · answer #1 · answered by Ks 2 · 0⤊ 0⤋

I do not think so best to contact an estate agent or French solicitor.

2006-11-02 21:46:10 · answer #2 · answered by Ollie 7 · 0⤊ 0⤋