Renting property as an auto-entrepreneur?
I’m registered auto-entrepreneur (prof lib) and am about to buy an apartment that I intend to rent out for weekly turnover. I know that there are two tax systems that I can opt for - Régime réel simplifie or Micro Bic - but I don’t know which would be the best option to go for and how an extra income would affect my auto-entrepreneur declarations.
I’m hoping that the apartment will rent out for approx 12-14,000€ per year; it needs some work doing on it so I’ll have expenses to cover before I can let it out but these will hopefully cost no more than 5,000€. Then I will just have the usual expenses of bills, maintenance, etc. Looking at the 2 systems, it seems that Micro Bic is the better option? Or are there any other options that I should consider?
However, the auto-entrepreneur scheme has a ceiling of about 32,000€ per year; if the apartment rental pushes my income above this bracket will I have to declare it or is it completely separate?
Any advice much appreciated!