{"id":11483,"date":"2024-10-03T12:03:47","date_gmt":"2024-10-03T12:03:47","guid":{"rendered":"https:\/\/www.consultants-immobilier.com\/?page_id=11483"},"modified":"2024-10-03T12:32:58","modified_gmt":"2024-10-03T12:32:58","slug":"capital-gains-exemption","status":"publish","type":"page","link":"https:\/\/www.consultants-immobilier.com\/en\/sellers-guides\/the-stages-of-the-sale\/real-estate-capital-gain\/capital-gains-exemption\/","title":{"rendered":"Capital Gains Exemption: Everything You Need to Know"},"content":{"rendered":"

[vc_row full_width=”stretch_row_content” content_placement=”top” css=”.vc_custom_1670852810251{background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}” el_class=”back_div”][vc_column css=”.vc_custom_1657728499249{padding-right: 15px !important;padding-left: 15px !important;}”][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJteV9iYWNrX2J1dHRvbiUyMiUzRSUwQSUwOSUwOSUwOSUwOSUwOSUwOSUzQ2ElMjBocmVmJTNEJTIyaHR0cHMlM0ElMkYlMkZ3d3cuY29uc3VsdGFudHMtaW1tb2JpbGllci5jb20lMkZlbiUyRnByb3BlcnR5LWd1aWRlcyUyRiUyMiUzRSUzQyUyMEJhY2slMjB0byUyMHByb3BlcnR5JTIwZ3VpZGVzJTNDJTJGYSUzRSUwQSUwOSUwOSUwOSUwOSUwOSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1727954294437{background-image: url(https:\/\/www.consultants-immobilier.com\/wp-content\/uploads\/2024\/10\/exoneration_plus_value.jpg?id=11484) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}” el_class=”override_left”][vc_column css=”.vc_custom_1657728499249{padding-right: 15px !important;padding-left: 15px !important;}”][\/vc_column][\/vc_row][vc_row el_class=”override_pos”][vc_column][vc_row_inner css=”.vc_custom_1662026446228{background-color: #e4e4e4 !important;}”][vc_column_inner][vc_custom_heading text=”Capital Gains Exemption: Everything You Need to Know” font_container=”tag:h1|font_size:37|text_align:center|color:%23040e31″ use_theme_fonts=”yes” css=”.vc_custom_1727954381521{padding-right: 20px !important;padding-bottom: 30px !important;padding-left: 20px !important;}” el_class=”relative_pos”][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=”firstblock” css=”.vc_custom_1668613473269{background-color: #ffffff !important;}”][vc_column_inner][vc_column_text]Selling a property<\/b> can lead to significant gains, but also substantial taxes on the capital gain<\/b> realized. However, there are many exemptions that can reduce or even eliminate this tax. Let\u2019s take a closer look.<\/p>\n

What is a real estate capital gain?<\/h2>\n

The real estate capital gain<\/a> is the profit made when selling a property<\/b>. It is simply calculated by subtracting the purchase price of the property from the selling price, while taking into account acquisition costs (notary, taxes, etc.) and the cost of any work carried out, under certain conditions.
\nThis gain is subject to two types of taxes: income tax<\/b> at a rate of 19%, and social contributions<\/b> at 17.2%, unless exemptions apply.<\/p>\n

Main capital gains exemptions<\/h2>\n

Certain situations allow you to avoid paying tax on the real estate capital gain<\/b>. Here are the main exemptions:<\/p>\n

Primary residence<\/h2>\n

Selling your primary residence allows you to benefit from a full exemption on the capital gain realized<\/b>. Note that, to qualify, it must be your actual primary residence, the one you occupy for the majority of the year.
\nIf you have moved out, you can still be exempted provided the sale takes place within one year of your departure. Outbuildings (garage, cellar, etc.) are also included in this exemption if they are sold at the same time.<\/p>\n

First sale<\/h2>\n

If you sell a property for the first time that is not your primary residence<\/b>, you may also benefit from an exemption under certain conditions. For example, the capital gain on a secondary residence<\/a> will not be taxed if:<\/p>\n