One of the main advantages of being a host at Colette is the tax exemption!
Indeed, Article 35 bis of the General Tax Code refers to a tax exemption under certain conditions.
Note that this favorable regime applies regardless of the age of the lessor/tenant. Therefore, there is no need to distinguish based on whether one falls within the scope of the ELAN law or not.
The required conditions for the host are as follows:
The rooms rented or sublet must be part of the lessor's main residence:
In this sense, the room must not be an independent part of the main dwelling, for example, an outbuilding.
The rental price must be set "within reasonable limits":
A "reasonable" rent is assessed based on two annual ceilings per m2 of "habitable area" depending on the regions.
192€ per m2/year in the Ile-de-France region and 142€ per m2 for other regions.
Our team is available to provide an estimate of what you can earn by renting your room through Colette.
Case of tenants under a public lease:
The room rent must not exceed half of the rent paid by the host for their accommodation.
If you are a tenant under a public lease, you must inform your landlord of your intention to sublet a room.
Please note that Colette will not verify the following elements, but know that:
If you are over 60, you have the right to sublet your room independently of the landlord's opinion: click here
If you are under 60, you must have your landlord's permission.