Puchase property under proxy name
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 Apr 17 2012, 10:08 AM
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#1
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Senior Member
1,096 posts Joined: Mar 2011 
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QUOTE(Condo88 @ Apr 16 2012, 04:04 PM) in cash. and value is slightly below 300k. What is your relationship with the proxy? Why the need for proxies when you are more than capable to buy it. If you care to share the story perhaps I could suggest something. |
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Apr 17 2012, 11:56 AM
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#2
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Senior Member
1,096 posts Joined: Mar 2011
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QUOTE(Condo88 @ Apr 17 2012, 11:53 AM) Main reason is to enjoy the RPGT waiver. how do you do that? You mean you wanna sell at below market rate to Person A and then to sell to another Person B for a way above market rate and then to let Person A claim RPGT? If that's the case, there are plenty of ways in doing the transaction. |
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