Investment in real estate, through the Pinel law, allows tax exemption . Following the purchase, the taxpayer benefits from a tax reduction, the amount of which varies according to several criteria (cost price of the property, rental period). To take advantage of this advantage, it is imperative to rent. And to respect the device, several rules must be applied, concerning the resources of the occupants or the rent practiced.
Rent: rules to respect
If the taxpayer benefiting from the Pinel advantage does not comply with all the rules, he may be obligated to repay his tax savings: before starting, you must know everything about the device! Specifically, the property must be rented within 12 months of purchase, as a principal residence, in unfurnished. In addition, the owner, at the time of the investment, undertakes to rent for 6, 9 or 12 years. The longer the duration, the greater the tax reduction. Thereafter, it is naturally required to respect this deadline: before selling or living in the dwelling, it is necessary to wait for 6, 9 or 12 years, according to the arrangements made for the purchase.
In general, all properties eligible for the Pinel law systematically meet specific energy standards: at least they comply with the 2012 Thermal Regulation or labeled BBC (Low Consumption Building). Finally, the geographical situation plays a decisive role, since any housing rented in Pinel is necessarily implanted in zone A, A bis or B1 (B2 under certain conditions).
Rent ceilings to be respected
By offering a tax benefit to owners of new properties, the government wants to better regulate rents within these cities deemed tense on the market. Thus, the Pinel law imposes variable rent ceilings from one zone to another. They are expressed in euros per square meter, excluding cartoons (ceilings 2017):
-16.83 € per m² in zone A bis;
-12.50 € per m² in zone A;
-10.07 € per m² in zone B1;
-8.75 € per m² in zone B2.
Framed tenant resources
Like the Duflot law in its day, the Pinel law is designed to promote access to quality housing when one has modest incomes. Thus, at the time of the lease, it is mandatory to request the tax notice for the year N-2, to ensure that the income of the candidate (s) does not exceed pre-established ceilings. These are defined by zone and family composition (2017 ceilings):
-For a single person, € 37,126 in zones A and A bis, € 30,260 in zone B1 and € 27,234 in zone B2.
-For a couple, € 55,486 in zones A and A bis, € 40,410 in zone B1, € 36,368 in zone B2.
-With two dependent children, € 86,843 in zone A bis, € 79,893 in zone A, € 58,666 in zone B1 and € 52,800 in zone B2.
To ensure that the family meets the criteria of the Pinel Act, reference tax revenue should be used as an indicator.
Before renting a home, it is also necessary to protect against unpaid bills: some rental guarantees cover the owners, even though other alternatives (like the deposit) are effective to avoid any problem.