REAL ESTATE: WHY TRANSFER YOUR PROPERTY TO AN SCI ?

REAL ESTATE - WHY TRANSFER YOUR PROPERTY TO AN SCI !

REAL ESTATE: WHY TRANSFER YOUR PROPERTY TO AN SCI ?
REAL ESTATE: WHY TRANSFER YOUR PROPERTY TO AN SCI ? 



SCI or Service Civil International has a separate heritage. An SCI is a legal person. Thus, the creation of an SCI aims at managing the property assets of multiple partners.

SCI WITH A REAL ESTATE INVESTMENT OBJECTIVE

A Civil Real Estate Company is a structure that brings together several individuals in order to buy a property. This device simplifies the management of a group rental investment. It also helps to secure each partner's assets while highlighting taxation.

The business model of SCI is exclusively reserved for the purchase or holding of real estate. In the context of profits, the manager and the shareholders participating in general meetings receive dividend shares.

THE ESSENTIALS OF SCI

Transferring real estate into an SCI is a simple operation. Indeed, it is sufficient to transfer the property held in a personal capacity in an SCI to turn it into real estate in a professional capacity.

This operation is called the self-sales or Owner buy-out. In concrete terms, the owner of the property must create an SCI in order to sell his property to this entity.

The liquidity of the sale allows the optimisation of the property, as well as the realisation of new real estate investments.

THE ADVANTAGES OF SCI

With a civil society real estate, a property emanating from a heritage avoids indivision. This also allows the transmission of the property as shares. Thus, the partners work for the anticipation of their succession.

As a result, tax rebates on transfer taxes can be obtained. Donations of shares are available tax-free. The transfer of a real estate property to an SCI prohibits the dispersion of real estate assets at the time of transmission through the estate.

Subsequently, the heirs receive the shares according to their rights. It also pays the balance. Apart from the case of the heirs, the joint ownership is also preventable between the cohabitants, the partners peaces  as well as the members of a family.

Thus, when a partner wants to leave the SCI, it is enough to sell his shares to the partners or to a third party. The sale of the property will not be below market value and the property assets of the SCI are under protection.

THE CONTRIBUTIONS OF THE SCI FOR A MORTGAGE

In fact, a real estate loan granted to a does not require any special guarantee. To obtain a mortgage, the lending institution puts forward a credit supported by all partners of the SCI or individually.

As part of the assumption of responsibility by the totality of the associates, the bank does not require any contribution. Indeed, the rental income is amply enough to cover monthly payments.

An SCI maximises the chances of obtaining a mortgage. In addition, the suspensive clause in the loan agreement is available without penalty.

To make the most of the transfer of wealth to an SCI, a real estate broker can be used to support a loan. The broker negotiates on behalf of the investor client the borrowing conditions at the level of the financing organisations.

has a separate heritage. An SCI is a legal person. Thus, the creation of an SCI aims at managing the property assets of multiple partners.

SCI WITH A REAL ESTATE INVESTMENT OBJECTIVE

A Civil Real Estate Company is a structure that brings together several individuals in order to buy a property.

This device simplifies the management of a group rental investment. It also helps to secure each partner's assets while highlighting taxation.

The business model of SCI is exclusively reserved for the purchase or holding of real estate. In the context of profits, the manager and the shareholders participating in general meetings receive dividend shares.

THE ESSENTIALS OF SCI

Transferring real estate into an SCI is a simple operation. Indeed, it is sufficient to transfer the property held in a personal capacity in an SCI to turn it into real estate in a professional capacity.


This operation is called the self-sales or Owner buy-out. In concrete terms, the owner of the property must create an SCI in order to sell his property to this entity. The liquidity of the sale allows the optimisation of the property, as well as the realisation of new real estate investments.

THE ADVANTAGES OF SCI

With a civil society real estate, a property emanating from a heritage avoids indivision. This also allows the transmission of the property as shares. Thus, the partners work for the anticipation of their succession.

As a result, tax rebates on transfer taxes can be obtained. Donations of shares are available tax-free. The transfer of a real estate property to an SCI prohibits the dispersion of real estate assets at the time of transmission through the estate.

Subsequently, the heirs receive the shares according to their rights. It also pays the balance. Apart from the case of the heirs, the joint ownership is also preventable between the cohabitants, the partners peaces  as well as the members of a family.

Thus, when a partner wants to leave the SCI, it is enough to sell his shares to the partners or to a third party. The sale of the property will not be below market value and the property assets of the SCI are under protection.

THE CONTRIBUTIONS OF THE SCI FOR A MORTGAGE


In fact, a real estate loan granted to a does not require any special guarantee. To obtain a mortgage, the lending institution puts forward a credit supported by all partners of the SCI or individually.

 As part of the assumption of responsibility by the totality of the associates, the bank does not require any contribution. Indeed, the rental income is amply enough to cover monthly payments.

An SCI maximises the chances of obtaining a mortgage. In addition, the suspensive clause in the loan agreement is available without penalty.

To make the most of the transfer of wealth to an SCI, a real estate broker can be used to support a loan. The broker negotiates on behalf of the investor client the borrowing conditions at the level of the financing organisations.

thanks for the time .

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