What the sale leaves after the loan and fees — T3 in Melun — réel foncier · ID 05Réel foncierNet Sale Proceeds Ledger

Sale price applies ONE MORE period of appreciation than Market value itself carries (the value page's own Year-t figure is a start-of-year value; Loan left to repay is an end-of-year value, since it's the balance AFTER a full year of repayment — this extra period aligns the sale price with that same end-of-year timing, without changing Market value/the value page itself). Every term here is untaxed cash — what the sale leaves you before the tax on the gain. The taxable gain is a different figure, worked out on the tax-on-the-gain page (sale price minus the agency fee, against the purchase price plus the purchase costs and the works never deducted from the rent — the flat amount or the actual one, whichever is better for you); the loan payoff costs do not lower that gain. A sale within 3 years of a deficit set against your other income also pays that tax saving back (on the same page).