lower the rent to pay less taxes!

franceinfo: What is this “Affordable rental” scheme?

Charlie Cailloux: As you said, it is a tax incentive system intended for landlord landlords: in short, if the landlord lowers his rent, he benefits from a tax advantage which compensates for the shortfall.

Affordable renting is nothing new, it is also called the Old Pod, named after the former Minister of Housing. So far, it has not won over the owners, and this is the reason why it will be reformed on January 1, 2022. More owners will be able to take advantage of it and the advantage will be more interesting.

What are the new contours of the Affordable Renting device?

Affordable renting becomes a tax reduction, not a rent allowance. It’s a bit technical, so let me explain: with an allowance, the device mainly benefited the richest households, since the amount of the tax advantage depended on the marginal tax rate (and therefore on the amount of income) . The more income you have, the higher your marginal tax rate and the greater the tax benefit.

From now on, the amount of the benefit is the same, regardless of the household income. This will make it possible to reach owners whose marginal tax rate is low, and who represent a third of the private rental stock.

What is the amount of the tax reduction?

The tax reduction varies from 15% to 65% of the amount of rent received, depending on the rent reduction you grant to the tenant. If you rent 15% below the market price, you get a 15% tax reduction; if you rent 30% below the market, the reduction is 35%. And it is increased by up to 65% when you go through a rental intermediation organization, such as Solibail or Louez solidaire.

It is difficult to give examples since the rent ceilings to be respected will be fixed in relation to the real rents observed in the municipality (and we do not know them to date) but according to the calculations of the ministry, the new device will be more profitable. than to rent at the market price: the owner will earn per year between half a month and 3 months of rent.

So we can earn more by renting less!

Yes, that’s the idea of ​​the ministry! The tax advantage compensates for the loss of rents. If you are a landlord and interested, you will have to wait until you have the rent ceilings applicable in your municipality, and do your calculations. Renting affordable in 2022, it’s still a gas plant (let’s face it) but hey, it still is with tax incentives, but it can perhaps encourage owners to lower their rents and relax tense areas.