Dear Gurus,
I would need some advise here as i was trying to google around but i am not able to find a concrete answer for this setup. I am Malaysian working oversea and i have recently purchase properties in Malaysia. However, i am trying to find more information regarding the income tax for the future rental income (the purchased properties still in construction mode).

Can rental income tax reduced by loan interest in this scenario? If yes, how does it calculate?
Thanks for the advise

Regards,

I have estimated the rental return should be around 4% which is already not sufficient to cover the monthly installment + the income tax of 26% from rental, it will be totally turned off