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 MyDeposit - Thoughts?, Home Deposit scheme

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shadow_walker
post Apr 7 2016, 05:21 PM

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wow free money by the govt
shadow_walker
post Apr 7 2016, 06:00 PM

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QUOTE(JianNinety @ Apr 7 2016, 05:48 PM)
rclxm9.gif  rclxm9.gif  icon_idea.gif  icon_idea.gif Faster BBB!
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BBBBB drool.gif drool.gif

QUOTE(hian1989 @ Apr 7 2016, 05:51 PM)
let say I sell off my property and I buy back below 500k consider 1st property?
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u think govt idiot izzit? hahaha...btw application before 30jun 2016..need to do fast lor

plus got recordla if u already bought a house..lhdn got record, ccris got, land office got, majlis got doh.gif
shadow_walker
post Apr 11 2016, 09:52 AM

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QUOTE(Kelefei @ Apr 10 2016, 10:53 PM)
1) Is it sure that the property cant sell within 10 years if use MyDeposit?  I check website but i could not find such clause.
2) If subsale, i need to get mutual agreement with the seller / seller's lawyer to pay deposit using MyDeposit?  If seller agree, can i pay the 10% downpayment to the seller first, after that the government credit MyDeposit to the seller, then the seller credit again to my account?
3) the offer only valid until June?
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1) yes bro...there will be sekatan kepentingan...so that 10 years from SNP date cannot sell..will be recored in your title later.

2) can also...people do this with gomen loan...they pay their own money first to stakeholder...later when gomen disburse loan then u get back the money...dont pay to seller liaoo...pay to the lawyer..lol

3) yes valid until 30th june...free money..fast action fast result..lol
shadow_walker
post Apr 11 2016, 10:30 AM

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QUOTE(BEANCOUNTER @ Apr 10 2016, 10:35 AM)
Why not eligible? Income under 10k per month whoa???

If u r earning 3k...maybe loan will not be approved....

This is how i look at poor people...
In malaysia if you are willing to work hard or harder...u can have 2 or 3 jobs to boost your income...there are plenty of works around....
No one needs to be poor....
If u are poor....its your own doing....not bvos of market conditions...
We are not like india or indonesia or philippine....where population  is too large..to even find job.
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will help genuine buyer lorh

let say low cost flat rm95k...wanna buy still need 10% cash down payment...lawyer fee maybe another 5k

so total 14.5k cash needed to complete the purchase of low cost

so yeah it would help those in need
shadow_walker
post Apr 11 2016, 02:13 PM

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QUOTE(Kelefei @ Apr 11 2016, 12:32 PM)
2)the gomen will credit to seller's lawyer account...but how can i make sure the lawyer will transfer the money back to me since i had already cleared 10‰ downpayment to the seller?
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the lawyer will transfer to u lar...its their professional duty...u think they want your 30k ar...if they misappropriate the fund of clients their license can be revoked...disbarred. doh.gif doh.gif with their license they earn millions per year liaoo..lololol

deswai gomen will deposit to the seller's lawyer...not seller...later he cabut how..lol

any tom dick harry lawyer usually got experience handle gomen loan...no worries bro..procedure leave to them..make sure u apply and approve first
shadow_walker
post Apr 11 2016, 02:14 PM

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QUOTE(iGamer @ Apr 11 2016, 01:34 PM)
Good for the gov to help the needie, but why can't the gov act more fairly?

How about self-reliance people who are also middle income earners but already bought property by committing to long housing loan tenure (30-35 years)? Why aren't the gov showing appreciation to these self-reliance people by giving tax deduction for their housing loan interest? cry.gif

Instead what we have here is free money (up to RM30k) for a few lucky family/individuals who may not even bother to save some money to get their first house/apartment???!!!! ranting.gif
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got la woi..u can claim the interest portion of your housing loan and set off in ur taxable income

kantoi liaoo never pay income tax brows.gif brows.gif brows.gif brows.gif
shadow_walker
post Apr 11 2016, 02:21 PM

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QUOTE(BEANCOUNTER @ Apr 11 2016, 02:19 PM)
watlioa.....ini apa Malaysian taxation law? housing loan interest can offset against taxable income?
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got lar...interest portion liaooo...
shadow_walker
post Apr 11 2016, 02:55 PM

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QUOTE(Kelefei @ Apr 11 2016, 02:24 PM)
Thank you,bro,for the clarification
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no prob bro...go apply fast2... thumbup.gif thumbup.gif
shadow_walker
post Apr 12 2016, 08:38 AM

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QUOTE(Kelefei @ Apr 11 2016, 04:41 PM)
Cari pun belum start lagi... biggrin.gif
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free money wor..fast2 go buy...ayuman suites...lexa residence..the henge..hahaha

QUOTE(iGamer @ Apr 11 2016, 06:19 PM)
The deduction is limited to certain property purchased in a specific year only. The other alternative is the property under housing loan is rent out and the interest is deducted from the rental income. But we cannot deduct housing loan interest we occupied ourself.
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ya ur correct...deswai i said earlier to the other guy...if pay income tax shud know this stuff..sorry bro..too lazy to write well like u...thanks ya thumbup.gif thumbup.gif thumbup.gif

 

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