LMNP tax package: what to file

Updated March 2026 - In LMNP under the real régime, the tax return is not a simple administrative formality. It is a complete file which determines your taxation, your cash flow and the real profitability of your furnished rental investment.

The LMNP tax package is all the déclarations and accounting tables that a non-professional furnished rental company must send to the Business Tax Service (SIE) each year. It includes income statement no. 2031 and the accounting annexes (series 2033), allowing the calculation of taxable profit after deduction of expenses and depreciation.

Unlike unfurnished rental, which falls under the property income category, furnished rental falls under Industrial and commercial profits (BIC). This tax qualification radically changes your reporting obligations.

As soon as you opt for the real tax régime - compulsory choice if your annual income exceeds 77,700 euros, or optional below - you must produce a déclaration of results accompanied by its accounting annexes. This is not a rental déclaration on your 2042-C PRO form: it is a standalone tax package, filed with the SIE.

This distinction is fundamental. Many LMNP investors are unaware of this until the first reminder from the administration. Result: late payment penalties, absence of déductible depreciation, and deadweight loss of cash flow.

**To put the subject into perspective as a whole, you can read our article on the definition of the tax return, our file on the LMNP in 2026 and our guide on LMNP accounting.

The déclaration of results n°2031-SD#

This form constitutes the centerpiece of your package. It takes your accounting result – the difference between your rental income and all of your déductible expenses – and applies the extra-accounting adjustments necessary to arrive at the tax result.

Concretely, you declare:

• the total of your rent collected over the financial year;
• your déductible expenses (loan interest, property tax, insurance, management fees, maintenance);
• depreciation charges for the year;
• the net taxable income, which will be reported on your personal income tax return.

Accounting annexes: series 2033#

In the simplified real régime, the most common in LMNP, your bundle includes forms 2033-A to 2033-G:

• 2033-A: the simplified balance sheet, which presents your real estate assets (assets) and your debts (liabilities) at the end of the financial year;
• 2033-B: the simplified income statement, detailing revenues and expenses for the year;
• 2033-C: the table of fixed assets, listing each asset acquired with its gross value;
• 2033-D: the depreciation table, a crucial document which details the accounting depreciation of each asset;
• 2033-E: the table of provisions;
• 2033-G: the results of previous exercises, allowing long-term monitoring.

If your LMNP activity exceeds certain thresholds, you switch to normal reality with more complete tables (series 2050 to 2059-G). This situation remains rare for an individual investor, but it may concern holdings via SCI at the IS or large portfolios.

1. Breakdown of the acquisition price#

The starting point for any reliable LMNP package is the distribution of the purchase price between the land and the construction. Land is never depreciable. Only the construction — as well as the furniture and fittings — can be the subject of a depreciation plan.

Poorly documented breakdown is the primary cause of tax adjustment in LMNP. In practice, we rely on the cadastral value, a value opinion or a notarized certificate to justify the distribution chosen.

2. The amortization plan#

It is here that most of the tax advantage of the LMNP really comes into play. Each component of your investment depreciates over its own useful life:

• the building: between 20 and 50 years depending on the method chosen;
• furniture: 5 to 10 years;
• fittings and installations: 10 to 15 years;
• acquisition costs (notary fees, agency): depreciable over the same period as the property.

Hayot Expertise advice: a depreciation plan cannot be improvised. It must be documented, consistent from one year to the next and defendable in the event of an audit. This is the document that the administration examines first.

3. Rigorous monitoring of expenses#

All expenses linked to your furnished property are déductible, provided they are justified and recorded correctly:

• loan interest and borrower insurance;
• property tax (excluding household waste in certain cases);
• non-occupant owner insurance premiums (PNO);
• management fees if you go through an agency;
• maintenance and repair work;
• accounting costs linked to maintaining the LMNP file.

Each expense must be kept with its invoice and attached to the correct accounting year.

4. Consistency with the personal statement#

The net result generated by your tax return (form 2031) must be reported on your personal income tax return, box 5ND or 5KD depending on your situation. A discrepancy between the two déclarations almost automatically triggers a check.

Hayot Expertise Advice: the best LMNP bundle is the one that is prepared throughout the year, not the one that is urgently reconstituted a few days before the deadline.

The deposit schedule depends on your situation:

• Under the simplified real régime: the package must be submitted before the second working day following May 1st of the year following the financial year. For a financial year based on the calendar year, this generally corresponds to May 3 or 4.
• Under normal actual régime: the deposit takes place within three months following the close of the financial year.

Payment of income tax then occurs according to the classic schedule for individuals (deposits and regularization). But be careful: a delay in submitting the package results in penalties of 10% on fees, increased by 5% for each additional month of delay.

Our experience as a firm allows us to identify recurring pitfalls:

• Declaring in micro-BIC when the actual would be more advantageous: the 50% reduction in the micro-BIC does not replace the power of actual depreciation, especially with a recent or heavily financed property;
• Omitting to deposit the package: some investors think that the real régime is limited to checking a box on the 2042. This is not the case — the 2031/2033 package is mandatory;
• Depreciating the land by mistake: a fréquent error which results in a tax adjustment with penalties;
• Do not keep supporting documents: in the event of an audit, it is up to the taxpayer to prove the validity of his deductions;
• Neglecting to report the result on the personal déclaration: an oversight which creates a discrepancy detectable by the tax authorities;
• Change régime without anticipating the consequences: the transition from micro-BIC to real is irreversible for the current year and impacts the amortization plan.

After having supported dozens of LMNP investors in Paris and Île-de-France, we know that the quality of a tax package is not measured solely by its compliance. It is judged by its ability to faithfully reflect the economic reality of your investment, while optimizing your tax burden within the legal framework. We produce the accounting, depreciation plans and the LMNP tax package with a global asset logic, not just déclarative. Each file is subject to a personalized analysis: financing structure, holding horizon, sale or transfer project.

**Discover** our LMNP accounting support

The LMNP tax package is not a simple accounting formality. It is the central tool which determines your annual taxation, validates your depreciation and secures your investment against a tax audit. Its quality directly depends on the rigor of your accounting throughout the year: breakdown of the purchase price, documented depreciation plan, supporting documents kept, consistency with your personal déclaration.

In 2026, with the tightening of tax controls on rental income and recent developments in real estate taxation, being accompanied by a professional is no longer a luxury — it is a necessity.

(Official sources: Impôts.gouv.fr on taxable income, forms 2031-SD and 2033-SD, BOFiP on furnished rentals)

For a wider status and exit analysis, read LMP vs LMNP 2026: depreciation and capital gains on sale. It complements the micro-BIC, real-regime, depreciation, capital-gain and social-contribution analysis.