Tax on the gain when you sell — T3 in Melun — réel foncier · ID 05Réel foncierPlus-value des particuliers: the better of the flat or the actual purchase costs and works not deducted
A sale at the end of year 1: a gain of -€11,083, €0 of tax on it, -€2,289 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
- Deductible charges and taxable income Réel foncier: gross rent − interest − other deductible charges − past deficits
- Rent collected the rent of the cash-flow page (charges included)
- Deficits carried forward Used against later rental profit, oldest first; lost after 10 years
- Déficit foncier Interest part / other part, up to €10,700 against your other income at your bracket, take-back if sold within 3 years
- Déficit foncier Interest part / other part, up to €10,700 against your other income at your bracket, take-back if sold within 3 years
- Deductible charges and taxable income Réel foncier: gross rent − interest − other deductible charges − past deficits
- Cash flow before tax (rent − costs − loan payments) Cash Flow
- Deductible charges and taxable income Réel foncier: gross rent − interest − other deductible charges − past deficits
- Tax saving taken back a sale within 3 years of a deficit set against your other income
Part 1. The tax on the gain, sale at the end of year 1sale price − agency fee − (price paid + purchase costs + works)
- Sale price€166,650
- − Agency fee at the sale-€8,333
- = Sale price for the tax€158,318
- Price you paid(given)€152,000
- Purchase costs, flat 7.5%€11,400
- Purchase costs, actual (notary + agency + other)€17,400
- + Purchase costs addedactual amount (> the flat €11,400)€17,400
- Works, flat 15% (held more than 5 years)not yet (5 years or less)
- Works, actual (declared works never deducted from the rent)€0
- + Works addedactual amount (the flat 15% needs more than 5 years)€0
- = Price you paid, for the tax1€169,400
- = Gain2-€11,083
- 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€921
- − Tax on the gain€0
- + CSG tax back of the sale year (paid the next year)€0
- − Tax saving taken back (sale within 3 years)6-€3,210
- = Cash from the sale, after tax7-€2,289
| T3 in Melun — réel foncier · ID 05 | |
|---|---|
| Sale price | €166,650 |
| − Agency fee at the sale | -€8,333 |
| = Sale price for the tax | €158,318 |
| Price you paid(given) | €152,000 |
| Purchase costs, flat 7.5% | €11,400 |
| Purchase costs, actual (notary + agency + other) | €17,400 |
| + Purchase costs addedactual amount (> the flat €11,400) | €17,400 |
| Works, flat 15% (held more than 5 years) | not yet (5 years or less) |
| Works, actual (declared works never deducted from the rent) | €0 |
| + Works addedactual amount (the flat 15% needs more than 5 years) | €0 |
| = Price you paid, for the tax1 | €169,400 |
| = Gain2 | -€11,083 |
| 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 | €921 |
| − Tax on the gain | €0 |
| + CSG tax back of the sale year (paid the next year) | €0 |
| − Tax saving taken back (sale within 3 years)6 | -€3,210 |
| = Cash from the sale, after tax7 | -€2,289 |
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-€2,289
Part 2. If you sold another yeareach year’s sale at the projected price
| Year | Sale price | Gain | Tax on the gain | Tax saving taken back (sale within 3 years) | Cash from the sale, after tax |
|---|---|---|---|---|---|
| 1 | €166,650 | -€11,083 | €0 | -€3,210 | -€2,289 |
| 2 | €168,317 | -€9,499 | €0 | -€3,210 | €3,640 |
| 3 | €170,000 | -€7,900 | €0 | -€3,210 | €9,734 |
| 4 | €171,700 | -€6,285 | €0 | €0 | €19,206 |
| 5 | €173,417 | -€4,654 | €0 | €0 | €25,642 |
| 6 | €175,151 | -€25,807 | €0 | €0 | €32,290 |
| 7 | €176,902 | -€24,143 | €0 | €0 | €39,129 |
| 8 | €178,671 | -€22,462 | €0 | €0 | €46,127 |
| 9 | €180,458 | -€20,765 | €0 | €0 | €53,324 |
| 10 | €182,263 | -€19,050 | €0 | €0 | €60,724 |
| 11 | €184,085 | -€17,319 | €0 | €0 | €68,335 |
| 12 | €185,926 | -€15,570 | €0 | €0 | €76,163 |
| 13 | €187,785 | -€13,804 | €0 | €0 | €84,216 |
| 14 | €189,663 | -€12,020 | €0 | €0 | €92,500 |
| 15 | €191,560 | -€10,218 | €0 | €0 | €101,022 |
| 16 | €193,475 | -€8,398 | €0 | €0 | €109,792 |
| 17 | €195,410 | -€6,560 | €0 | €0 | €118,816 |
| 18 | €197,364 | -€4,704 | €0 | €0 | €128,103 |
| 19 | €199,338 | -€2,829 | €0 | €0 | €137,661 |
| 20 | €201,331 | -€935 | €0 | €0 | €147,499 |
| 21 | €203,345 | €977 | €131 | €0 | €157,495 |
| 22 | €205,378 | €2,909 | €360 | €0 | €167,691 |
| 23 | €207,432 | €4,860 | €527 | €0 | €178,259 |
| 24 | €209,506 | €6,831 | €634 | €0 | €189,203 |
| 25 | €211,601 | €8,821 | €683 | €0 | €200,536 |