I bought two house and rented out.
I been told that we can deduct loan interest from our total rental income
Rental income - loan interest - utilities bills = net income to be declared to LHDN.
Is it true?
Rental - Interest Tax, Can we deduct interest from total income
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Jun 25 2019, 10:01 PM, updated 7y ago
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Senior Member
1,008 posts Joined: Nov 2007 From: Gombak,serdang |
Hi Guys,
I bought two house and rented out. I been told that we can deduct loan interest from our total rental income Rental income - loan interest - utilities bills = net income to be declared to LHDN. Is it true? |
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