This is very a informative thread. I have a couple of questions:
1) are items such as renovation- fittings, electricals, curtains etc to be deducted or able to be capitalised for depreciation (if they are over RM5,000?).
2) if I have 2 properties rented out, can I claim the interest portion of mortgage of BOTH properties, or only one is allowed?
3) in (2) if only one is allowed at any one time, can I switched?
Thanks to all bro who can advise.
Rental income, interest and tax deduction question, How they are all related?