Investing in furnished letting
Furnished letting is a commercial profit, not property income — a 50 % allowance but 18.6 % of social levies instead of 17.2 %, the depreciation only the real regime allows, and the fall from an advertised 4.875 % yield to 2.24 % received. Three modules on a 160 000 € studio. All the prose is free to read; the case study and quizzes are sold.
Intermediate3 modules26 minModule 1 free to read
2026 rules — verified on September 8, 2026
Figures are tied to dated, sourced tax constants. A module whose rules have changed is flagged for review, and is unpublished automatically beyond 90 days.
This content is part of the path: Renting out a furnished holiday let· Step 1 of 10· Next step: Gross and net rental yield
By the end of this course, you can…
These outcomes are the modules' own: the promise cannot say anything the course does not teach.
- Tell property income from industrial and commercial profits.
- Remember the thresholds and allowances of the two standard regimes.
- Place the three categories of furnished letting and their own thresholds.
- Identify the social levy rate applying to each.
- Know what tips a landlord into professional status.
- Compare the flat and real regimes on the same receipts and costs.
- Understand the part depreciation plays in a furnished letting's result.
- Remember the floor rule of the flat allowance.
- Identify the level of costs beyond which the real regime becomes preferable.
- Cost the real regime itself before adopting it.
- Tell gross yield, yield net of costs and yield net of tax apart.
- List the costs that genuinely fall on a furnished letting.
- Include acquisition costs in the denominator of the computation.
- Measure the effect of the tax regime on the final yield.
- Compare two properties on an honest basis.
The programme, module by module
Each module has its own page. Durations are derived from the actual text, never announced by hand.
- Module 19 minFree — no accountThe same studio, two categories of incomeWhat you will be able to do
- Tell property income from industrial and commercial profits.
- Remember the thresholds and allowances of the two standard regimes.
- Place the three categories of furnished letting and their own thresholds.
- Identify the social levy rate applying to each.
- Know what tips a landlord into professional status.
- Module 29 minIncluded in the full courseDepreciation, what the flat allowance cannot offerWhat you will be able to do
- Compare the flat and real regimes on the same receipts and costs.
- Understand the part depreciation plays in a furnished letting's result.
- Remember the floor rule of the flat allowance.
- Identify the level of costs beyond which the real regime becomes preferable.
- Cost the real regime itself before adopting it.
- Module 38 minIncluded in the full course4.875 % advertised, 2.24 % receivedWhat you will be able to do
- Tell gross yield, yield net of costs and yield net of tax apart.
- List the costs that genuinely fall on a furnished letting.
- Include acquisition costs in the denominator of the computation.
- Measure the effect of the tax regime on the final yield.
- Compare two properties on an honest basis.
What you take away
A handout you keep, not just a page you read. The sections are derived from the course itself: what is announced here is exactly what gets generated.
Participant handout (PDF)
PDF
- Learning objectives (3)
- Key figures (3)
- Mistakes to avoid (3)
- Official sources (3)
Exercise workbook (Word)
Word
- Learning objectives (3)
- Key figures (3)
- Mistakes to avoid (3)
- Official sources (3)
Answers live in a separate appendix: the participant handout and the workbook stay distributable before the exercise.
Or unlock everything with the pack at €29.00/month incl. VATCalculator reports, form documents and full courses, cancel any time.
Already purchased? Download your handouts
Where this course leads
A course that leads neither to a calculator nor to a form cannot be published: this block is the visible counterpart of that rule.
Run the numbers
The linked calculators apply this course's rules to your own figures — for free.
File it
Step-by-step guides to the official forms cited in this course.
- Declaring a furnished tourist rental to the municipality
- Change-of-use authorisation — the forgotten step before letting furnished tourist accommodation
- Getting furnished tourist accommodation classified (cerfa 11819) — stars, thresholds and tourist tax
- Tourist tax — collecting, declaring and paying over under the right regime
Go further
The courses that follow on from this one.
Educational content, current with the sources cited. It does not replace advice tailored to your situation. These courses are neither certifying nor CPF-eligible: they prepare for no certification registered with the French RNCP or specific register.