Real estate: advantages and pitfalls of investing in the old with work

Investing in old real estate with work can be considered with the land deficit scheme. It is a useful scheme for donors whose expenses exceed revenues.

The choice of this formula will depend on two parameters: the weight of the work in relation to the acquisition price and the level of taxation (TMI). Still, the use of the land deficit is suitable for a taxpayer being heavily taxed and at the head of a real estate portfolio consisting of one or more rental properties.