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Fred

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  1. Hey, Thought i would give my current situation and then the questions: I am currently at uni, i am planning on buying land in france along with my parents although the house will go in my name so there are no tax implications of owning a second property for my parents and i would pay them back. Eventually there will be a house built on the land, and i hope to be able to move into it after university, however i will be renting it out while also staying in the property on either a seperate part of the house or a mobile home. This is so i can be there to clean up after guests etc drive them around also. My Questions: Are there any tax implications of me as a student owning a piece of land or house in france? What are the costs of owning land in france that isnt lived on? What are the costs of owning a house in france that isnt lived in? What are the costs of owning a house in france that is lived in/rented out? What are the general living costs for living in france? How would income tax on rental profits be paid if i am living in france and the profits are going to me, im assuming since i would own the house and live in a part of it or near it that it would just go through french income tax and not the french and UK? 1 final thing, when people say notaires fees are 7% does this include the land tax paid to the french government, just i was asking about buying property and someone mentioned this. Really appreciate the help!!
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