Bordeaux is a very famous French city. It is mostly known for its vineyards and wines and it is the world's capital of wine. But it is also close to the ocean and offers a wide range of activities. If you plan to organize a Mice in Bordeaux with a destination management company like French DMC  you should definitely visit some vineyards, the old part of the city, the botanical garden, the Saint-André Cathedral and many other places. Bordeaux is very accessible by train, by road and even by plane. 

The city offers many accommodation possibilities, many restaurants with fine cuisine, lounge bars, museums and other cultural places. Bordeaux is a very nice city for a seminar. Your employees will be delighted to spend some time in this city. For those who do not know it yet it will be a very nice trip. Bordeaux also offers equipment and rooms for events : auditorium, seminar rooms, exhibition places... Bordeaux mixes business with pleasure and culture.

Definition 1: The tax Leaseback

The acronym means Leaseback in GDS Furnished No Business. It is in fact an existing tax system since the late '40s that provide various benefits to taxpayers featuring furnished rental property. To qualify for this tax system, those should not generate above 23,000 euros annual revenue.

Naturally there are different advantages and disadvantages to this tax regime Leaseback. The main advantage of this scheme is certainly the fact that rents are collected even if the apartment (or other type of property) is not occupied. The investor also has a tax benefit on the income and can enjoy a VAT recovery on a new real estate Leaseback.

Among the main drawbacks specific to the system, there is the fact that the property owner can not accommodate or that the property depreciates over time and in a resale, there is sometimes made of moinsvalue .

Among the goods eligible for this status, there are retirement homes (institutions Accommodation for dependent elderly), the retirement homes, tourist homes, business residences or student residences.
Definition 2: the real estate tax exemption

The real estate tax exemption is a much more generic than the tax Leaseback term since the tax exemption for a set of legal practices that are implemented in order to reduce its income tax level.

Regarding tax exemption laws, the best known are: the Loi Girardin, the Besson law, Scellier now replaced by Duflot law), the law Borloo, the Leaseback status, nursing homes, the Malraux law, or the Aubry.

If you want to invest in a French property, you may also be interested in the french leaseback . 

What does this scheme consists of ? Well, if you want a property abroad but you do not know if you will spend the entire year there, then you can use the French leaseback.

Your property will be rent to another person or family during the time you will not be there. That is the perfect solution to invest and earn money at the same time. But there are many details you need to know before investing money in such a system. That is why there are professionals who are available to guide you throughout the process.

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