Can I revive this topic based on the latest tax bracket.
A lot of the question is still not being very cleared as to whether a company owing the property is good or by individual is good.

For individual, we already have existing income and if we add on the rental income to it (without able to add in those cost of maintenance) then our income bracket will sky rocket but in actual fact we're only getting an income of few hundred (say rental RM2000 - loan RM1800). But your income is calculating at RM2000 per month adding RM24000 income to your yearly income resulting in a highest tax bracket of 26% which is almost RM4k of taxes.

Please advice for any tax expert.