Tax on the gain when you sell — T2 in Le Mée-sur-Seine — micro-foncier · ID 03Micro-foncierPlus-value des particuliers: the better of the flat or the actual purchase costs and works
A sale at the end of year 1: a gain of -€18,129, €0 of tax on it, -€4,730 of cash from the sale after tax.
Where each number comes from
Each link opens the page that calculates that figure.
- What the sale leaves after the loan and fees Net Sale Proceeds Ledger
- CSG tax back of the sale year earned in the sale year, paid the next year
- Taxable income (the 30% allowance) Micro-foncier: rent excluding charges × 70%
- Rent collected the rent of the cash-flow page (charges included)
- Cash flow before tax (rent − costs − loan payments) Cash Flow
- Taxable income (the 30% allowance) Micro-foncier: rent excluding charges × 70%
Part 1. The tax on the gain, sale at the end of year 1sale price − agency fee − (price paid + purchase costs + works)
- Sale price€119,180
- − Agency fee at the sale-€5,959
- = Sale price for the tax€113,221
- Price you paid(given)€118,000
- Purchase costs, flat 7.5%€8,850
- Purchase costs, actual (notary + agency + other)€13,350
- + Purchase costs addedactual amount (> the flat €8,850)€13,350
- Works, flat 15% (held more than 5 years)not yet (5 years or less)
- Works, actual (with invoices, except repairs)€0
- + Works addedactual amount (the flat 15% needs more than 5 years)€0
- = Price you paid, for the tax1€131,350
- = Gain2-€18,129
- Full years held1
- Holding allowance, income tax0.00%
- Holding allowance, social contributions0.00%
- Income tax on the gain (19%)3€0
- Social contributions on the gain (17.2%)4€0
- Surtax on large gains€0
- = Tax on the gain€0
- What the sale leaves after the loan and fees5-€4,826
- − Tax on the gain€0
- + CSG tax back of the sale year (paid the next year)€97
- = Cash from the sale, after tax6-€4,730
| T2 in Le Mée-sur-Seine — micro-foncier · ID 03 | |
|---|---|
| Sale price | €119,180 |
| − Agency fee at the sale | -€5,959 |
| = Sale price for the tax | €113,221 |
| Price you paid(given) | €118,000 |
| Purchase costs, flat 7.5% | €8,850 |
| Purchase costs, actual (notary + agency + other) | €13,350 |
| + Purchase costs addedactual amount (> the flat €8,850) | €13,350 |
| Works, flat 15% (held more than 5 years) | not yet (5 years or less) |
| Works, actual (with invoices, except repairs) | €0 |
| + Works addedactual amount (the flat 15% needs more than 5 years) | €0 |
| = Price you paid, for the tax1 | €131,350 |
| = Gain2 | -€18,129 |
| Full years held | 1 |
| Holding allowance, income tax | 0.00% |
| Holding allowance, social contributions | 0.00% |
| Income tax on the gain (19%)3 | €0 |
| Social contributions on the gain (17.2%)4 | €0 |
| Surtax on large gains | €0 |
| = Tax on the gain | €0 |
| What the sale leaves after the loan and fees5 | -€4,826 |
| − Tax on the gain | €0 |
| + CSG tax back of the sale year (paid the next year) | €97 |
| = Cash from the sale, after tax6 | -€4,730 |
Holding allowances. Income tax: 6% a year for years 6 to 21, then 4% in year 22 — fully exempt after 22 years. Social contributions: 1.65% a year for years 6 to 21, 1.60% in year 22, then 9% a year for years 23 to 30 — fully exempt after 30 years. A gain below zero is not taxed.
Tax on the gain, year 1€0
Cash from the sale after tax, year 1-€4,730
Part 2. If you sold another yeareach year’s sale at the projected price
| Year | Sale price | Gain | Tax on the gain | Cash from the sale, after tax |
|---|---|---|---|---|
| 1 | €119,180 | -€18,129 | €0 | -€4,730 |
| 2 | €120,372 | -€16,997 | €0 | -€336 |
| 3 | €121,576 | -€15,853 | €0 | €4,179 |
| 4 | €122,791 | -€14,698 | €0 | €8,821 |
| 5 | €124,019 | -€13,532 | €0 | €13,593 |
| 6 | €125,259 | -€30,054 | €0 | €18,499 |
| 7 | €126,512 | -€28,864 | €0 | €23,544 |
| 8 | €127,777 | -€27,662 | €0 | €28,732 |
| 9 | €129,055 | -€26,448 | €0 | €34,067 |
| 10 | €130,345 | -€25,222 | €0 | €39,555 |
| 11 | €131,649 | -€23,984 | €0 | €45,200 |
| 12 | €132,965 | -€22,733 | €0 | €51,007 |
| 13 | €134,295 | -€21,470 | €0 | €56,981 |
| 14 | €135,638 | -€20,194 | €0 | €63,129 |
| 15 | €136,994 | -€18,905 | €0 | €69,455 |
| 16 | €138,364 | -€17,604 | €0 | €75,965 |
| 17 | €139,748 | -€16,289 | €0 | €82,665 |
| 18 | €141,145 | -€14,962 | €0 | €89,562 |
| 19 | €142,557 | -€13,621 | €0 | €96,662 |
| 20 | €143,982 | -€12,267 | €0 | €103,970 |
| 21 | €145,422 | -€10,899 | €0 | €111,495 |
| 22 | €146,876 | -€9,517 | €0 | €119,243 |
| 23 | €148,345 | -€8,122 | €0 | €127,221 |
| 24 | €149,829 | -€6,713 | €0 | €135,437 |
| 25 | €151,327 | -€5,289 | €0 | €143,899 |