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 Rental Income Tax, Rental Income Tax

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post Apr 4 2015, 10:41 AM

What doesn't kill you, makes you stronger.
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QUOTE(guanteik @ Jul 27 2014, 08:19 PM)
There is a way, legally. If you rent out your unit at 1K but your loan, management fee, sinking fund, insurance and etc is >1K, you are actually getting back income from tax.

But, who on earth will rent their property at loss? Perhaps there are, but definitely not the value you mentioned.
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But if you're getting back your income from tax, means under the rental bracket, we have to put it as (- RM XXX)?


 

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