Mar 10 2016, 10:28 AM
QUOTE(jameslionhart @ Mar 10 2016, 09:41 AM)
I had the similar situation. Other people advised me to markup but the owner don't wanna do so because of taxation issue.
So I borrowed from family, paid deposit, signed and ask lawyer to arrange withdrawing from EPF acc 2. After disbursement, I pay back to my family with interest. You can only withdraw from EPF acc 2 once you signed the S&P and change name.
Do mark up and you pay the extra taxation. U also need to kawtim with owner since no payment b4 signing s&p. If its okay with owner, then everything should be ok already. So I borrowed from family, paid deposit, signed and ask lawyer to arrange withdrawing from EPF acc 2. After disbursement, I pay back to my family with interest. You can only withdraw from EPF acc 2 once you signed the S&P and change name.
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