{"id":57992,"date":"2026-08-25T22:49:13","date_gmt":"2026-08-25T20:49:13","guid":{"rendered":"https:\/\/careconcierge.fr\/?p=57992"},"modified":"2026-09-10T18:53:42","modified_gmt":"2026-09-10T16:53:42","slug":"lmp-vs-lmnp-tax-status","status":"publish","type":"post","link":"https:\/\/careconcierge.fr\/en\/articles\/lmp-vs-lmnp-tax-status\/","title":{"rendered":"LMP vs LMNP: Which French Tax Status Applies to Your Furnished Rental?"},"content":{"rendered":"\t\t

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LMP vs LMNP: Which French Tax Status Applies to Your Furnished Rental?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t $\"A$ \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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“I earn more than \u20ac23,000, so I must be LMP” — that is the most widespread misconception among short-term rental owners, and it is wrong. Moving from LMNP (loueur en meubl\u00e9 non professionnel, non-professional furnished letting) to LMP (loueur en meubl\u00e9 professionnel, the professional version) rests on two cumulative conditions<\/b>, not one, and in any case it is not something you opt into. This guide explains how the status is really determined, what it changes in practice, and why it is neither good nor bad in itself.<\/p>
This status is separate from para-h\u00f4tellerie, a VAT regime we set out in our complete guide to para-h\u00f4tellerie<\/a> — the two can apply together or independently.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\tTable of Contents\t\t\t<\/h2>\n\t\t\t\t\t\t\t\t\t\t
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At a Glance, in Order of Importance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tBoth conditions (\u20ac23,000 AND the majority of your income) have to be met together, not just one<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tThe threshold is assessed on gross receipts for the calendar year, not on profit<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tSwitching to LMP triggers cotisations sociales, not just a bigger tax bill<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tThe micro-BIC threshold (\u20ac77,700 or \u20ac15,000) is separate from the LMP threshold \u2014 don’t confuse the two<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tThe status is reassessed every year, in both directions<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tThe best status depends on your plans (resale, renovation, retirement), not on a universal rule<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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1. LMNP or LMP: Two Cumulative Conditions, Not a Choice<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Non-professional furnished letting (LMNP, loueur en meubl\u00e9 non professionnel) is the default status: the vast majority of owners stay there for life, with no particular formality. Moving to LMP (loueur en meubl\u00e9 professionnel) is not a choice you make — it follows automatically from your receipts, provided both of the following criteria are met at the same time<\/b>.<\/p>
Worth remembering:<\/b> if just one of the two conditions is not met you stay LMNP, even with receipts well above \u20ac23,000.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tYour furnished rental receipts for the year exceed \u20ac23,000 (gross receipts, charges included)<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tThose same receipts exceed the household’s total other professional income (salaries, BIC, BNC, company-director income)<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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2. Micro-BIC or R\u00e9gime R\u00e9el: Don’t Confuse the Thresholds<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Separately from your LMNP\/LMP status, a second mechanism decides how you declare your income: the micro-BIC<\/b> threshold. It is distinct from the \u20ac23,000 threshold and depends on whether your property is classified: \u20ac77,700<\/b> of receipts for a classified<\/b> meubl\u00e9 de tourisme (furnished tourist accommodation), with a flat 50% allowance, against \u20ac15,000<\/b> for an unclassified<\/b> property, with a 30% allowance. Classification — set out in our guide to classifying furnished tourist accommodation<\/a> — therefore has a direct tax impact.<\/p>
Above these thresholds the r\u00e9gime r\u00e9el<\/b> becomes compulsory: you deduct your actual costs and depreciate the property, which calls for stricter bookkeeping but can cut the taxable base sharply.<\/p>
Worth remembering:<\/b> you can perfectly well be LMNP on the r\u00e9gime r\u00e9el (because the micro-BIC threshold has been passed) without ever becoming LMP. These are two independent mechanisms, and they are often confused.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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3. Cotisations Sociales: the Real Cost of Switching to LMP<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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This is the most concrete change. Under LMNP, your rental income bears the standard pr\u00e9l\u00e8vements sociaux (social levies) at 17.2%. Under LMP, your profit becomes subject to cotisations sociales<\/b> (social security contributions) payable to URSSAF, calculated on a markedly higher base and at a markedly higher rate than plain LMNP taxation — which is what makes the status less attractive to many owners, even when they tip into it without meaning to.<\/p>
Moving to LMP also means registering<\/b> with the registre du commerce et des soci\u00e9t\u00e9s (the trade and companies register) and keeping commercial-style accounts, heavier than the simple asset management of an LMNP property.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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4. How the Status Is Checked Each Year<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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There is generally nothing voluntary to do in order to “become” LMP: the status follows automatically from the receipts you declare, reassessed every year. In practice, here is how it is checked:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tAdd up all your furnished rental receipts for the calendar year<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tCompare that total with the household’s other professional income<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tIf both thresholds are passed, registration with the registre du commerce is required<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tIf your receipts fall back the following year, you revert to LMNP automatically<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t $\"Budget$ \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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5. Offsettable Losses and IFI: LMP’s Sometimes Forgotten Advantages<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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LMP is not all drawbacks. If you take on major renovation work, an LMP loss is offsettable without limit against the household’s total income<\/b> — unlike LMNP, where a loss can only be set against income of the same kind, and carried forward. That is a real advantage for an owner renovating heavily at the start of a letting venture.<\/p>
A property let under LMP may also, subject to conditions, be exempt from IFI<\/b> (the French wealth tax on property) if it counts as a business asset for tax purposes — a point to check systematically with an accountant, in the light of your overall asset position.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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6. Why This Isn’t a Decision to Make Alone<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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The most advantageous status depends entirely on your situation. Do you have other substantial professional income? Are you planning heavy renovation work? Do you expect to sell the property in the medium term (a professional capital gain under LMP follows different rules from a private one)? These factors rarely line up in an obvious way, which is why it is worth having your situation checked by an accountant before changing regime.<\/p>
On the operational side, the tax status you end up with changes nothing about the day-to-day running of your property — cleaning, guest welcome and maintenance stay the same whether you are LMNP or LMP. That is where Care Concierge<\/a> comes in, day to day in the valley.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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FAQ – LMP or LMNP Status<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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No. The status is not a voluntary choice: it follows automatically from crossing both thresholds together (your receipts, and their share of household income). You cannot opt into LMP in advance.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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No, it depends entirely on your situation. LMP lets you offset a loss against your total income and offers a possible IFI exemption, but it exposes you to cotisations sociales that are often heavier than LMNP taxation. It only works out well for certain profiles, particularly where major renovation work is involved.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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Yes, registration with the registre du commerce et des soci\u00e9t\u00e9s is required once both LMP conditions are met, along with the commercial accounting obligations that come with it.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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They are two separate mechanisms. LMNP\/LMP concerns how your income is taxed (BIC) and the social thresholds, while para-h\u00f4tellerie qualifies your activity for VAT purposes. The two can coexist: see our complete guide to para-h\u00f4tellerie<\/a>.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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The status is reassessed each calendar year. If your receipts drop back below \u20ac23,000, or below your other professional income, you revert to LMNP automatically, with nothing to do beyond your tax return.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Sources and Further Reading<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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This article was written from official French sources consulted in August 2026. Thresholds are revised periodically: check the amounts in force before making any decision.<\/p>
BOFiP \u00b7 impots.gouv.fr — BIC: scope, and how the professional character of furnished letting is determined<\/a>
impots.gouv.fr — Les locations meubl\u00e9es: regimes and tax returns<\/a><\/p>
Also worth reading: furnished tourist accommodation classification<\/a>, the complete guide to para-h\u00f4tellerie<\/a> and short-term rental regulations in Chamonix<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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For more on the taxation of furnished letting, see our complete guide to para-h\u00f4tellerie<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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