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Damoandgeorgie

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  1. We are in the process of purchasing a property to renovate and turn into gites over the next three years while we work overseas. Our question is to whether it is best to purchase the property as a company for tax purposes or just normally and worry about the business later. Any suggestions?
  2. We are new to the living france forums. We are currently in process of buying a property in France. In the next three years we plan to renovate while overseas and then we plan to run it as gites. Our question is: we have heard that for tax purposes it is better to purchase the house as a company while other sources have said no need you can do a 30% automatic tax on profits. We are unsure any advice?
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