When desapark city 1st phase nobody think it would sell for >1m

There are so many example over last 6-7 years. If economy maintain, anything is possible

Wow.. this thread becomes risk management class liao ~

2-3 years down the road, when this SOxxxxO floods the market, it is a real test to the market. Unprecedented!!! Local prop market burst first in Malaysia history? How will Ah Jib Gor react? Huh ... 

by the time u knew its low, its already too late.

Crash is opportunity for taikor to sapu more.

Taiko Giggs can give us some useful advice? or share some experience here? That would be really helpful 

If trading company, then easier to commit fraud to bluff LHDN. Just don't report enough sales and you can run away with zero tax. Unless LHDN come and check, then you also cannot run away when they see your bank account

But for real property, ownership is recorded in government department. A printout will know how many properties you have already. If you own 20 properties and still don't pay tax, then something is very wrong.

If we have 5-6 properties, we can register using our sibling's or children's name to run away from tax. But with rental of >RM10m a year, unless he has 200 siblings and children ? Most of us here who own property and have rental income should know it is damn hard to avoid tax

If he make RM10m a year and still can report losses and avoid tax, he should instead give talk on how he do it. I am willing to pay RM10000 for his course so I can save my tax payment 

May be giggsy boss can arrange talk.. We go support

but still many people are blown by water ... haha ... everyone happy when come out from the talk ma~ 

Don't want to put down or insult anybody here, but this is certainly not the way it works or even anything close to it. Any registering a property under family members name won't help either, as the source of funds can easily be tracked.

On a seperate note, I think you're missing the point on the reason why I brought up all those figures and calculation in my earlier post. As forumer Giggs pointed out, a large majority at such talks are just blowing water only, blowing their figures out of proportion in order to convince their audience. The best part is how many people actually walked out after the talk, feeling totally convinced of what the speaker has just presented on.

This one really geng, whenever I see ko's ad, it remindß me to spend more time with family

ya, young chap now cant take stress bcoz over protected by parents and kakak.
i now start to train my pre-school kids to sweep floor, fold clothes and wash plates...

With households debt at elevated level and 3% of adults have over us$100k net worth, how many borrowers could have zero balance at flexible loan?