Non-Professional Furnished Rental: What is the difference between the Micro BIC and the Real BIC regime?

You’ve decided to rent out your apartment furnished, but what tax regime applies to this type of income? In France, furnished rentals are subject to income tax under the category of industrial and commercial profits (BIC). The non-professional furnished rental (LMNP) status applies to all types of furnished rentals, including classic furnished rentals (furnished residential […]