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CENSI-BOUVARD

The law Censi-Bouvard 2014 permits you to reduce your income taxes by 11 % of the cost-price of a residence limited to 300000 € excluding taxes. This tax reduction is divided linearly over 9 years. If the reduction exceeds the amount of taxes to pay, the difference can be reported for 6 years.
It is allowed to buy several accommodations during one year

The investments complying with the law Censi-Bouvard 2014 are limited to the following furnished residences:
– Classified tourist residences
– Students’ homes
– Service homes for elderly or handicapped people
– Residences providing medical care with a convention
All these residences have to be rented furnished within the terms of a lease to the company exploiting the service homes for a duration of at least 9 years.

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