If you sell: the cash in your pocket — map — T3 in Dammarie-lès-Lys — main home · ID 06Main home
A sale at the end of year 20: the price, minus the sale’s fees and what you still owe; no tax (your main home); plus the cash you had not spent yet.
- The home
- What you owe
- Sale fees and tax
- Your money
Sale at the end of year 20: price €217,194 − agency fees €10,860 − loan release fees €460.13 − left to repay €46,013 − tax on the gain €0 (exempt) = €159,861 in your pocket. The gain on the price, €28,334, is not taxed.
What this calculation leaves out
- No tax: the gain on the sale of your main home is exempt (CGI art. 150 U, II-1°), and with no rent there is no income tax while you own it.
- A sale at the END of the year: the year’s payments are made, the price is the value at the end of the year.
- What you put in is not taken off here: the « Money put in and cash in hand » map shows them side by side.
Each amount in the worked lines is rounded to the cent, so a line can differ by €0.01.