Almost forgotten after being widely practiced, the sale to yourself (OBO) is a patrimonial operation that allows you to generate cash and organize in advance or share advantages an estate.
The operation, which consists in the sale of its goods to a company specifically, interests many owners. Sevendreasoimeme.com was created by Alexis VINCENT-CASTELLI to make it accessible to as many people as possible. of them. The company is also active in real estate transactions and management. Encounter.
What is a self-sale?
Self-sale consists of selling your property to a company specially created by the owner.
This company concludes a mortgage to finance all or part of this acquisition, after which it pays the proceeds of the sale to its owner.
The life of the latter does not change if he then becomes “tenant with himself”, except that he will pay a rent to his company to enable him to repay his loan.
The owner has therefore monetized his property by receiving most of its value, on the condition that he pays “himself” rent in exchange.
The property can also be rented out to third parties for a rental property. In this case, the rent is paid by the tenant.
WHY IS THE SALE TO YOU SO LITTLE KNOWN, EVEN PERFECTLY LEGAL?
This operation implies indirectly a tax advantage that necessarily requires specific expertise and the greatest attention. For example, when the SCI borrows to buy the property, the interest on the property loan, or even the maintenance and repair costs of the building, are deducted from the company’s income. IFI can be reduced or even eliminated thanks to the distribution of property ownership among several beneficiaries.
The tax administration examined so that with care these operations to verify that the purpose of the sale is not major to pay less taxes. The operation carried out must be integrated into a heritage strategy and pursued mainly interest other than tax under penalty of committing an abuse of the tax law. However, these objectives can be very varied, either to meet a financing need, for example to invest in a company or save, or to organize or establish an estate.
Our real estate transaction business constitutes also an important asset for the most accurate valuation of real estate. Indeed, an overvaluation or undervaluation of the property is likely to involve tax adjustments.
Our expertise acquired from this operation is such that we can contractually offer our clients a guarantee of their fiscal regularity, which is absolutely unique in the market.
WHAT ARE THE ADVANTAGES OF THE SALE FOR YOU TO PREPARE A SUCCESSION?
Self-sale allows you to transfer a property with a tax cost of around 7.5% which is that of the “notary’s fees” instead of the taxes applicable to heirs which often exceed 20% and which can reach 60%.
Above all, it allows, if it is customized for each family situation and well organized with the aim of organizing the future of a property with virtual certainty, to avoid conflicts between heirs and assignees. That is not the least advantage to leave, including over many generations, a peaceful heritage situation. On this point, company statutes created specifically for self-sale are an infinitely more effective legal instrument than a will or donation.
Another advantage, and no less, is that the cost of the transmission tax is financed from the day of the succession, with the consequence of not leaving to their heirs a tax debt that they often cannot pay without selling in precipitation
A MECHANISM ALSO FAVORABLE FOR THE CREATION OR PURCHASE OF A COMPANY?
SMEs make up the majority of French companies. The limited ability of the French to invest, which leads to their undercapitalization, constitutes a major economic challenge for France.
The sale to himself, allows the entrepreneur who has real estate to take a loan at the maximum value of its value, in the long term. up to 25 years of a mortgage, with interest rates that are the lowest for mortgages, benefiting in addition from the simplified credit procedure for individuals.
The operation then becomes a facilitator of a purchase, creation or business development project.
HOW TO DEMOCRATIZE THIS OPERATION?
This is the mission of our company. Self-selling requires at the same time a particular rigor in the examination of each financial situation, a high-level legal competence for the drafting of the company’s statutes, a financial competence to offer clients their best visibility multiannual financial plan for the future. under the penalty of exposing the company to a risk of bankruptcy, perfect predictability of its tax cost and its expenses, the ability to find the best mortgage, and finally the ability to ensure the perfect regular management of the company that was created for a long period, limiting in advance all the possibilities of possible conflicts between its associates.
Finally, we offer this complete set of customized solutions, which precisely allows us to grant our customers our contractual guarantee.
This content was produced with SCP The editorial staff of BFM PARIS did not participate in the production of this content.