Before you turn your French renovation into a business - the taxes, the costs and the exit strategy, with Lisa Clapisson
About this episode
In this episode, Lisa Clapisson discusses the complexities of turning a French property into a business, including taxes and exit strategies.
Thinking about buying a property in France and turning it into a business, such as a chambre d'hôtes, gîte complex, wedding venue or retreat centre? In this episode, we hear from Lisa Clapisson, a former French accountant turned business consultant who's spent years helping people navigate the reality of starting a business in France For a detailed summary of the episode, along with a mini glossary of terms used in the show, head to the French Reno Diaries website and look for episode #19. What we talk about: The biggest mistake people make when buying property in France for business Why running a gîte business isn't as easy as it used to be Why running a business as a 'micro entreprise' is often a very bad idea Why running a property-based business in France works better as secondary income The retreat business model and why renting a venue might be wiser The Capital gains tax implications of running a business from your main residence The importance of planning an exit strategy for your business Renovation tax deductions in France - and why artisan invoices are essential SCI, SARL, holding companies - choosing the right status for your business The most common myth about…
Sponsors
Haute Gamme Fenêtre
More episodes of French Reno Diaries UNCENSORED
Explore listener stats, chart rankings, contacts and more on the French Reno Diaries UNCENSORED podcast page.