LMNP or Jean-Brun law: which scheme to choose in 2026?
Published on June 18, 2026 · LLI & Private Landlord (Jeanbrun)
LMNP or the Jean-Brun law? The question comes up often, but it in fact compares two different logics: furnished letting on one side, unfurnished letting on the other. Here is a factual comparison to help you choose according to your project, without any figure-based promises.
Two logics, not two versions of the same tool
The LMNP applies to furnished letting and falls under BIC taxation. The Jean-Brun private landlord status concerns unfurnished letting and falls under property income. Comparing the two is first and foremost a choice between furnishing or not furnishing your home.
The LMNP in brief
Under the LMNP, you let a furnished property. Under the real regime, you may depreciate the property and furniture for accounting purposes, which reduces the taxable base of the rents. Reference thresholds: micro-BIC up to 77 700 €, an allowance of 50 %, and a threshold of 23 000 € beyond which the non-professional character is assessed.
The Jean-Brun status in brief
The Jean-Brun private landlord status is aimed at unfurnished letting in tight-market areas, subject to ceiling conditions. It rests on a regulated tax depreciation set by the rules (base and rate defined). Important: it is neither a successor to nor a replacement for the Pinel — it operates on a depreciation logic, not a tax reduction linked to the investment.
Factual comparison
| Criterion | LMNP | Jean-Brun |
|---|---|---|
| Type of letting | Furnished | Unfurnished |
| Taxation | BIC | Property income |
| Key mechanism | Accounting depreciation | Regulated tax depreciation |
| Area | Flexible | Tight-market areas |
| Audience | Broad | Subject to conditions |
Taxation: BIC vs property income
The LMNP falls under BIC (industrial and commercial profits); the Jean-Brun falls under property income. This difference changes how expenses, depreciation and any deficits are treated.
Commitment and type of letting
Furnished letting (LMNP) offers flexibility but requires more active management. Unfurnished letting in a tight-market area (Jean-Brun) involves commitments on duration and ceilings, which must be respected to keep the benefit.
Which to choose according to your profile
If you are aiming for the flexibility and depreciation of furnished letting, the LMNP makes sense. If you prefer unfurnished letting in a tight-market area within a dedicated framework, the Jean-Brun status deserves a closer look. Neither guarantees a return: everything depends on your situation.
In summary
LMNP and Jean-Brun are not directly opposed: they serve different projects (furnished vs unfurnished). The right choice depends on your tax position, your time horizon and the type of letting. Have both compared by an adviser before deciding.
