Effective property management strategies can minimize inheritance tax, safeguarding family wealth for years to come. WWW.LAWYER-MONTHLY.COM 15 threshold for several years. Consulting with a qualified loan broker in France can help secure favourable loan conditions and interest rates. 2.Splitting Ownership Another option to minimise the wealth tax is to co-own the property with family members. By sharing ownership, you can divide the value of the property among multiple individuals, effectively lowering the taxable base for each owner. For example, if a married couple co-owns the property with their children, the total value is assessed collectively, allowing each owner to benefit from the €1,300,000 threshold. This strategy can significantly reduce individual tax liabilities. Tax Implications of Selling Real Estate What are the tax implications of selling real estate in France, especially regarding capital gains tax, and how can sellers reduce their tax liability? When it comes to selling real estate in France, capital gains tax (CGT) is a key consideration. The treatment of this tax can vary significantly depending on the
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