Does your main residence become secondary?Beware of perverse tax effects

By fashionlifeshopping 27/08/2022 1239 Views

Owners, are you lucky to have a second home ... and do you want to make it your new main home?Note that in addition to the obvious developments on your maintenance, heating, or transport costs, certain unforeseen invoices are also likely to climb.In particular your local taxes, which, when you change your address, can also evolve."On average, well equivalent, it is estimated that a main residence will cost 20% cheaper in local tax than a main residence", shares Karl Toussaint du Wast, the Netinvestment Co -founder.Indeed, some municipalities do not hesitate to surcharge secondary residences.Municipalities can apply, for five years now, a rate increase of 5 to 60% on this type of property.

>> A lire aussi - Surtaxe d’habitation : ces villes qui ne font pas de cadeau aux propriétaires de résidence secondaire

Admittedly, by reversing the status of your old second home, you may be able to cancel these famous surcharge.But concerning your current main residence - which will therefore become a second home - invoices could, conversely, flare!Especially since the owners will discover a collateral effect, of which they are not always aware: the return of the housing tax on their old home.Indeed, second homes do not benefit from the reduction of this local tax!So expect this tax, from which your main residence may have been exempt once, reappears after the status change.

>> A lire aussi - Taxe d’habitation : pas de remise exceptionnelle pour les résidences secondaires inoccupées durant le confinement

Reverse to optimize his added value ... a bad idea

Votre résidence principale devient secondaire ? Gare aux effets fiscaux pervers

Some owners may have the project to reverse their secondary and main residence, to avoid paying tax added value.As a reminder, when the resale of a second home, it is the subject of a tax on added value, that is to say on the difference between the purchase price and the price ofsale of the property, which you will find the details of the calculation here.On paper, as a result, the temptation may be great to change your second home into a main residence to exempt itself from a capital gain ... "Bad idea, replies Tac-au-Tac Karl Toussaint du Wast.Get your mind out of your mind to change your status only for tax optimization issues!The stroke of the fingers is assured, the taxman is very vigilant on these questions, ”explains the Netinvestment Co -founder.

>> A lire aussi - Fiscalité, démarches administratives, comment louer votre résidence secondaire ?

Don't forget to take advantage of renovation aid

Last effect to be taken into consideration: possible renovation work.Maprimerenov aid, for example, will apply on all main residences, but exclude secondary residences.If your current home requires a few upgrades on insulation or heating system...So favor their realization before changing the status of your property, to be able to take advantage of the aid!

>> Notre service - MaPrimeRénov’, CEE… découvrez les aides auxquelles vous êtes éligibles pour vos travaux de rénovation énergétique

Real estate prices everywhere in France

Enter an address (exact, with the postal code) and discover the price of real estate sold in recent years.

No results if no transactions.

What status for real estate resale purchase