Open Finance and the mirages of the tax exemption Source: #
http://www.ladepeche.fr/article/2011/02/08/1008660-Immobilier-Les-mirages-de-la-defiscalisation.html reaction Home "Grand Sud" Great South
Posted on 08/02/2011 7:54
- Last modified 08/02/2011 at 08:59
F. Ab
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Omnium-Gan, judicial showdown During 2007, insurance Gan is facing an explosion of deficiencies including rental costs for reimbursement reaches peaks (unpaid rent, no tenant ...) To € 400 000 of damage, the summer of 2007 in 8M € in just a few months. Faced with this catastrophe, the insurer requested the Open file documents such as lease tenants or credit records, to make the repayments. But some of these documents would not be able to Gan that interrupted momentarily compensation. Omnium has always claimed to have "substituted" for the insurer to assist clients on contentious cases. In October 2008, the group has assigned Toulouse Gan, civil breach of contract. No fewer than 10 experts discuss today on the back to get their hands on the missing pieces and examine the validity of each contract. Second part, the case of alleged "false Leases ". In February 2009, Gan was notified of a possible insurance fraud. The insurer had paid improper bonuses to investors on contracts managed by the advisers of Omnium. Gan is a civil after the discovery of falsified and backdated leases. These documents are now being suspected of a criminal investigation.
READER FEEDBACK: TESTIMONIALS: "I lost close to 10 000 €"
Sebastian, 33, Carcassonne. "
I was duped, I lost close to 10 000 € but in this case compared to other investors ruined I can consider myself happy. "Living to Carcassonne, Sebastian, 33, military, bought an apartment in 2005 F2 type Robien law, Saint-Lô, Manche, to qualify for the tax benefit. "
I was contacted by a friend of a friend who worked for Omnium. He sold me a package including all services . J '
bought my home for € 105 000 when he was worth 90,000, in the rented residence La Licorne. "During the first 8 months, Sebastian does not find a tenant. "The Gan took over. Everything was fine. But between September 2008 and March 2009, "the apartment was unoccupied. "The insurance did not work and I lost my rent, 346 € without load.
There was a problem between the Open and Gan. According to insurance, Omnium they had not released the documents justifying the lack of rental. Three months later, I still repaid Gan. "First warning, then a second. "Since March 2009, I have a tenant. But the payment of rent which is not regular m'occasionne revenue losses amounting to € 2 000. Another dispute between
Open at Gan on parts not disclosed, including commands payable, has again blocked the payment of compensation . Finally, my tenant has regulated itself by its location.
past 3 years, I pay a fee to Open for the management of my property for an amount between 5 000 and 10 000 €, while the benefits are far from assured. "
In fact ... (By RazLeBol31 - 08.02.2011 10:45) Défiscaliser is making money on the backs of others, like the sun at the moment ... That people are made swindled, she has had better watch them closely. All this has pushed up the real estate boom and fall is terrible now ... In short, buy, but for you it all ... Each to his own.
We will not cry! (By philoub - 08.02.2011 11:05) When a law is payable by all property taxpayers will get back to you, it might be legal, is morally objectionable.
Whether there is a risk it makes sense, since
one has to do with private companies who make their busness the expense of the State . While millions of prsonnes are under the poverty line and that young people have no future, I will not cry!
Trap ... (By Motivé81 - 08.02.2011 11:11) And that very recently, about the new PTZ, the government again sang his old song "a France of homeowners" ...
True fast! (For temporary - 08.02.2011 11:13) WHAT?
usually despatch the copy / paste articles or Century21 Fnaim for us to swallow their propaganda.
The despatch had better rectify the situation since the article was not correlated with the speech of his advertisers!
Your eyelids are heavy, you are relaxed, real estate is a safe bet that knows no crash, our numbers prove it fake, you breathe deeply, you invest in stone ...
The taxpayer will pay twice (by khal - 02.08.2011 11:15) The tax exemption amounts to be paid to the community the privilege of some. By increasing property prices due to speculation, the taxpayer will pay for yet another time. For some cons have pockets full of money and he did not sweat much for having this money.
is outrageous! People who get up early morning impoverished and those who speculate in the well-heated office richer, look for the mistake! @ khal (by conophobe - 08.02.2011 11:51) I'm afraid you need to understand a few things!
- this is not the big rich richer while sleeping that is tempted by the tax exemption mentioned in this article, but rather one who, more than ant grasshopper thinks about his old days and hopes that rent will put a little butter in the spinach from her modest pension.
- should attract the investor who legitimately fear that the rent is not an all-risk insurance, knowing that more and more some consider that its payment is part of the adjustment variables as it is true that moult assos advocate the "right to housing" ie the power which is to occupy housing ... gratos!
- hence an incentive to invest through taxation on the sector given the shortage of housing in large urban areas, shortage exacerbated by the lack of land to build housing "social" and the need to accommodate the hundreds thousands of additional immigrants admitted each year in these same cities
- the rub, as I have already stated here, is that the investor believes that the brave win against the taxman, he looks directly at
promoter, one winner in the history !
remember that in the '80s, they managed to sell the studio Méhaignerie Mirail widows tax free, studios sold by the heirs 10 years later to half their purchase price!
rav, I agree with the comment of a temporary but add on the editorial line that only imb ... do not change their minds
Case study (by sniffing - 08.02.2011 12:42) A immmeuble of 84 homes was completed in July 2010 ibex street opposite the school John Zai following
to faulty construction began a resumption of work which will last from 6 to 8 months. Investors them have paid their loans have to run and yet no rent offsets. The fault was that the developer? Business? In search of materials at low cost? Investors will not come back twice.
Bravo The Dispatch (by PhD student - 08.02.2011 12:51) Very good paper. When is the same style article on the housing bubble in France?
Jacques Brel sang long ago ... (By Danino92120 - Paris - 08.02.2011 13:54) "must not play to the rich when you have no money" (in "Those people").
How could anyone bamboozle people with modest incomes to invest in rental property? Do not improvise wants landlord. It has nothing to do with the desire (very legitimate) of home ownership because actually, at the age of retirement, owning a home is a real advantage (even if there are still fresh condominium or maintenance).
In any case, it is salutary to terminate such arrangements défiscalisant and especially those who grow small investors to ruin. Small papers of the mail .... (By yatidi31 - 02.08.2011 16:25) we like to strive always the same when there is need to make paper!
When will you finally leave this group alone, why not put your nose in to other promotions, other builders that went bankrupt ... for example?! Why not do a paper on the many satisfied customers and customers who were very supportive at times complicated?
This company is not a scam, it is serious and solid ... Ms. Guigoz was very proud to be part! Men and women who work there are real people and sincere ... and more competent than some unscrupulous real estate agents!
The tax exemption is a fantastic lever for home ownership, many customers who "will return" from elsewhere
there as elsewhere the difficulties, pitfalls, so stop putting the blame on Open!
Attack so that town halls have continued to sell at all is the land to developers so that they knew of programs ready to launch ... Local councils should not they be masters of their common? Why not be refused building permits if the supply becomes greater than demand? Your hard
is pathetic!
cheated too (anisa - london - 02.08.2011 16:46) I was the victim of
OPEN OF THIEVES , management anywhere on
ALBI
I had resign myself to sell at loss in 2006 and to refund taxes for years past be a big financial loss because of tenant
the Abbé Pierre Foundation denounces an acute shortage of housing in FRANCE, and there are thousands of homes vacancies, even with no tenants low rents
spot the mistake!!
@ anisa (for temporary - 02.08.2011 16:52) this is where the rub: Companies that have an interest in selling the tax exemption are deliberately equating housing Social housing and short (private). Media repeat without thinking and spreading propaganda.
You were manipulated, but now you see the maneuvers in the newspapers when you are talking about housing shortages, but they forget to specify "social".
Sorry for you.
Blur, distressed and ruined, it's not the same! (For tips - 02/08/2011 18:31) There is probably a small percentage of people in ruined or great difficulty, as the signal omnium, but there are lots of people cheated, scammed.
To understand the history, and stop making fun of pear everyone, here are some explanations.
Some owners and tenants. All hirers are not exploiters. The state makes laws for tax exemption for homeowners to build rental housing limited in its place, because the state does not want / can not insure a policy of building sufficient social.
The finding about the type of tax exemption mentioned in the paper: a large number of homes built in areas with low rental demand. Construction, the quality is sometimes far from what is announced in the contract, as he is no obvious defects.
Causes:
* The law that encouraged developers to build in these areas for reasons of profitability.
* Communities that have allowed building in these areas (building permits) without alerting the saturation few years
* Notaries (~ agent of the state) who do not play by their advisory role, not to lose their commission
*
banks 'specialized' for projects that lend themselves know in advance what unprofitable and high risk to the borrower
* the "financial advisers" totally incompetent in real estate who are trained in one week to the sales force not to say to force the sale.
* the idiot at the chain end (buyer) who unfortunately do not think he is getting scammed by the system. (Me among others).
Financial loss:
construction is not worth what it was paid
1 - because the quality is not at the rendezvous, and many costs were hidden in the value of the property
2 - because the tenant does not go, or not stably
3 - because the real estate slump has devalued the property
4 - for resale, there are too many buildings and therefore a greater supply than demand.
5 - because the simulation of pseudo-financial advisor is biased or distorted in some clever for someone who is not expert in the field.
(value of the overvalued, hidden fees and charges assessed, interest rates poorly explained, ...)
So contrary to what it means to believe Open and brothers, there is a majority owner of which have already lost money, from the date of signature.
course, are in great difficulty that those who were just too financially and / or have lost their jobs, etc..
But the reality is that a majority of buyer has been scammed.
There is a small percentage of cases so large that the court may cancel the sale.
But the system is neatly packaged and in most cases, everything is legal (price free-for-sale duty to advise not work, ...)
On my home, I made an investment of € 150 000 Fully funded by the loan. Seeing that I have done (too late), I am well informed, thank you to the ADIM for his help in understanding the system and take stock of my situation. I inquired about the sale value, if I find a buyer that is not won.
I have a tenant after a year of vacation rental (5 months taken by insurance), but for how long??
Half of the residential homes are empty, and some already on sale 15 months after delivery.
Upon purchase of the property, the area was not yet saturated. But developers have built all at the same time in the south west without consultation or coordination with the backing of mayors who issue building permits. Result: too many houses, not enough tenants. The rental companies selling off the rent to find tenants, managers are offering vouchers for 1 or 2 months rent, and tenants took the opportunity to turn from one residence to another. They are right to enjoy it, but it is not to reassure the owner of course.
If I sold today, and if I found a buyer, more than 50% loss or more than 75 000 €. I'm not in trouble because I can take home (luckily?) To pay the loan losses, reducing all other expenses: the minimum food, leisure and holidays to zero.
We save what little we can to enable us to cash a sale at a loss for years to come.
I'm not in great difficulty as stated omnium. I'm not naked, I still have my underwear. How many people are in the same situation as me.
"It's good for me" say some, should not buy. They are right, but I guarantee you that the system, the scam was well put together.
write this message to explain, warn those who hesitate this kind of investment.
I also write to ask the question: would it not the role of the state that put in place safeguards in its tax exemption laws, which require notaries to perform their advisory role, that mayors should not give permission to the shovel for the rental without a study of need.
But the state does not want to put the world of building, developers on the back, quite the contrary. It's jobs, the economy on the backs of paid scammed.
You'll laugh, but typing this message, the phone rings and a nice lady EDF called to say she can study for setting up solar panels on my house, study commissioned by the state. When I asked him how insistent I confirm that EDF is well, she said that I understood by what it said and it is a partner of EDF and that the study is not funded by the state, but it's actually my taxes that finance the solar panels.
This is not déjà vu: a law of tax exemption, and another scam key
I am vaccinated, but I guarantee you that the bite hurts a lot.
behind ... the results ... Means? (For methods? - 02/08/2011 18:49) We
causes, unhappy results, but the means, methods ....
The lack of housing, the opportunity to invest the time to stabilize for some ...
which moreover, can not even be owners for themselves. It's enough to discuss!
Denounce as the others! (By robienmalparti - 08.02.2011 18:57) all Robien south west
were made by developers who simply confiscated the tax benefit for their benefit. It seems that this has continued with Scellier, and that solar panels are another example: it seems that they are two times less expensive in Germany, it does not subsidizing them! As
rotten tax exemptions in the area, i also breed here are
BFI / Skyr which also robs the investor may not gullible, but completely manipulated, it is clear.
We sell double what it's worth, and the customer realizes that 2 years later.
We were sold at 40% loss for them rid ...
Flee! A
scammed (by chouppa11000 - 08.02.2011 21:01)
I'm not investor but I was renting a small house in these residences rents are more expensive than they give to the owner and charges you pay even if you pay leave in July to the end of the year no sound insulation not comply I did check I could not stay in these huts, however, was well placed to Carcassonne. But a scam to tenants also pay you but you have the time it arrives on their behalf, and make you pay a fee recovery
is a shame especially the management elience whom I dealt. they had to repaint myself before I went there and never painted me one said I was dirty when I left all parts are in keeping with them but I got my deposit some five months after leaving and the other in strength recovery after 2 years
now I prefer going through a particularly dubious title
( by jackson31 - 08.02.2011 22:12) this is not the tax exemption at issue
but developers who are just thugs , they built homes in areas isolated
thinking has prospective buyers (who do not live in the region) it was a good
rapport.résultat :
there is an idiot and a crook , scandal is selling to people outside the region for investment.
Slamming judicial or fool's game? (By Marc3241 - 09/02/2011 3:46) In my case:
vacation rental unpaid by OPEN, GAN invokes missing parts: Ads not worked, a copy of a payslip from the tenant not located ... "No fewer than 10 experts discuss today on the back to get their hands on the missing pieces and examine the validity of each contract. We talk about the SES? (Frozen in place for compensation). Also, how many experts in OMNIUM who never answer auncun mail or pass the buck?
@ Sting (for temporary - 09.02.2011 11:11) Thank you for this testimony, I think it may actually provide opportunities for candidates to the tax exemption to avoid this kind of ordeal. There are several websites trying to warn the public but the power of the real estate lobby is too powerful.
I also want to mention one that is long-bubble (dash) real estate (dot) org
If only you had known in time ... Not that
Open ... (By Croquin - 09/02/2011 11:17) I am currently working in a corporate tax exemption and elsewhere, for much longer ...
In five months, the name of our client has already changed its name because the former was beginning to get a bad reputation on the internet ... Our call center has several subsidiaries of a large group so many different names but it is still the same group.
We offer a free appointment for those involved just for information (on any tax measures of the moment) but in the end, of course, encourage the client to invest in rental housing.
I actually had an opportunity to see those famous tax exemption for apts near Peripherals, sad in areas with views of manholes or other. These apartments were not rented for several months when they were new.
The only thing is that from the beginning, everything is done for the client Apate, he was offered a free appointment to help him rob in taxes (and I say it does not contact the wealthiest (there is no contact information) on average, they pay 3000 euros a year in taxes).
Nobody put a knife at their throat for them to sign anything either but I'm just saying it takes longer to learn on the location and conditions on the future housing. Lost
€ 50 000 (for twingui - 02.09.2011 16:37) J bought a property from 25m2 € 90 000 under cover of being guaranteed to be able to easily resell Accident life (unemployment - Divorce - mutation etc. ....). I bought it because I could not believe that in the business world, the lies of such magnitude could exist ..... so far, I returned to school because I realized that I did not understand life, and do not know yet how I will finance the € 50 000 potential loss of the property (rather this LIBEL) ... of course the apartment is more leased for a long time in LIMOGES, plethora of rental offers, nobody wants .....! would be best to set it on fire ..... ! ...
€ 50 000, is for me 10 years of savings, € 50 000, this amount, the developer has won a few minutes .....
how not to be revolted by that?.
Demolition interior decontamination and asbestos removal has commenced since November 2010 to that address. Already they are completed in the basement, as well as levels 1, 2 and 3. Consequently, several floors were completely bare, that is to say that the walls that divide normally houses have all been demolished. Thus we find a large empty space and across the floor. 
