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Tax exemption policy
Tax exemption policy
Alexandre avatar
Written by Alexandre
Updated over a year ago

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 preferential regime applies regardless of the age of the lessor/tenant. Therefore, there is no need to distinguish whether one falls within the scope of the ELAN law or not.

The required conditions for the host are as follows:

  • The rented or sublet rooms must be part of the lessor's primary 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 "living space" depending on the regions:

    • €192 per m2/year in the Ile-de-France region and €142 per m2 for other regions.

The calculation to be made to determine if you are well below the required threshold is as follows:

Number of m2 available to the tenant (private areas)

+

(Common areas ÷ Number of people living in the apartment)

= Living space

Our team is available to provide you with an estimate of what you could earn by renting your room through Colette.

Cases of tenants under a public lease:

  • The room rent price 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 be aware that:

  • If you are +60 years old, you have the right to sublet your room independently of the landlord's opinion: click here

  • If you are under 60 years old, you must have the landlord's permission.

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