Tax cut for landlords to revitalise French towns

People who buy run-down properties in certain towns can get a reduction in their income tax under a new law.

The Loi Denormandie, named after the minister for towns, applies to purchases of properties between January 1, 2019 and December 31, 2021, which are then renovated and rented out empty on long-term leases.

Properties must be in one of 244 towns whose centres are deemed in need ...

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