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When to set up Property Investment Company, need expert's view
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ManutdGiggs
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Feb 19 2014, 09:19 PM
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QUOTE(empire177 @ Feb 19 2014, 09:17 PM) ohh... start normal company also can buy property as assets? pardon me... noob here... Then can the property be purchased before corporate tax? A company running biz can buy props. An empty company do in onli rental collection can own props. No diff.
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ManutdGiggs
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Feb 21 2014, 12:08 PM
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QUOTE(alwyn75 @ Feb 21 2014, 10:22 AM) You are right, my properties, all are residential so no point putting in SDN Bhd. But how to borrow money in the future when I'm old? Any good advise? Assuming ur company has only 2 directors. Wifey and unself. When old age bank oso won't loan to company cos bank needsdirector to b guarantor most of the time. Unless u insert some young blood as director to ensure the company get the loan. Nowadays banks r more cautious.
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