Can any sifus here enlighten me on buying property under a RM 2 company compare to buying under individual?

Some pros & cons i can get...

pros
1. Technically lower taxes as we only pay taxes after ALL expenses

2. Free up our individual credit allocation and allows us to buy more properties as long as company cashflow is positive, right?

cons
1. Tax rate of 20% applicable for every dollar.

Thanks!

Depends on the use of the property, and you might get into trouble during auditing. Plus if the company is new there is no way you can get bank loan.

Basically the system is flawed but not to the extend-stupid so if you plan to setup a company to buy property. You might get yourself into trouble.

Chatered Accountant.

TS, you won't get the business tax benefit until you get 4 residential or 3 commercial property.

Here is a link on previous discussion:
Financing - Properties bought under a company, Need to refinance some props for tax (Investment)

you also need to worry about yearly accounting, auditing and secretarial fees.

thanks for pointing out the thread.

other than for tax purposes no difference as the bank will also require the directors to be a guarantor.