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 buy a house with cash, any bad consequences?

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TSseongmeng
post Oct 11 2016, 12:16 AM, updated 10y ago

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if i buy a house with cash RM 800k, will have any bad consequences?

MACC will come check me? LHDN?
TSseongmeng
post Oct 11 2016, 11:46 AM

On my way
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Senior Member
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Joined: Jul 2005
QUOTE(airtawarian @ Oct 11 2016, 01:36 AM)
I have Client buying with Cash RM 600,000 condo. So far no issues
*
thanks.

will LHDN straight away come check / audit me if i buy with cash?
TSseongmeng
post Oct 12 2016, 01:24 AM

On my way
****
Senior Member
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Joined: Jul 2005
QUOTE(propertymart @ Oct 11 2016, 11:53 PM)
you can buy cash if you declared income tax properly before
if no better don't , go take Flexi loan bro
*
thanks for advice

 

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