as per topic header,

if sell now, get tax or not, cause take time to transfer property.

or i sell after 1 jan 2010, only will kena.

i did ask some real estate agent. they have no clue

any lawyers or mortgage broker want to help out.

This post has been edited by airline: Nov 24 2009, 12:30 AM

starting 1 jan, 2010...wan sell, better sell now....

Make sure your SPA is dated and stamped before 1/1/10

thank u very much.. will do it soon. wait for better offer

lets say if make 40K. how much kena tax?

after deduct lawyer fees, agent fee, penalty, interest, make peanuts.

This post has been edited by airline: Nov 24 2009, 03:46 PM

I don't think it's based on SPA date.. Most likely it will be date of transfer of title/ownership. I don't think goverment is so stupid cos SPA can be easily backdated..correct me if I'm wrong

This post has been edited by graneon: Nov 24 2009, 04:57 PM

Easy, just mark up additional 5% before u sell out.

Yes, SPA can be backdated.

But if the date is more than 1 mth when it reaches LHDN for stamping, there's a fine.

And without a stamped SPA, how the hell your buyer can apply for loan?