I am in the process of helping to take over the running of my stepmothers chateau in the SW of France. She is the usufruit of the property and currently a French Resident while I am the nue-propriété and reside in the UK.
She will be spending more time in the UK over the years to come as she becomes a little older. We have decided that it makes sense to rent the property out for holiday lets while she is not there.
From what I understand I would like to set up as a micro-entrepreneur to run the rentals of the property. We definitely won’t be exceeding the threshold of €80,000 a year and my stepmother will continue to pay all local taxes given that she will still be spending time in France. So the questions I have are as follows:
- Can I set up as a micro-entrepreneur to run the rentals even though I am the nue-propriété and reside in the UK?
- Will this have any implication on my stepmothers status as usufruit?
- If the answer is yes to 1) are you able to help me register as a micro - entrepreneur.