No agreement signed & stamped, no need declare la.
No black & white, declare for what?

If reali so unlucky kena tangkap (which is super highly unlikely), just say your sister let her fren stay for free lo.

Hi Forumers.. how about the below, is it done legally..

i buy a house with loan for own stay, then i get my own company to rent back the house from me.

My company gain:
- Save on tax by claiming rental expenses.
eg. 60k rental per year, saves 12k of tax..

I gain:
- I can deduct the sinking, maintenance fees from the rental.
- I can pay less tax vs company tax coz my personal income tax bracket is lower than company tax.
eg: 60k rental income- yearly expenses of 12k~15k, bal 45k pay tax@17%=7.65k;

End up: 12k-7.65k=4.35k(saving on tax)

thanks..

TS tumpang thread,

if i rent out a house for rm1k monthly so i have to declare rm12k nett.
is there any form deductible can reduce the declared income?