QUOTE(barney @ Jul 7 2020, 04:34 PM)
I got 2 question here
1) What lawyer fee, is that the lawyer fee that i engage to sell my house?
2) What is commission fee actually that we can deduct from RPGT actually? Is that the agent fee? Because if that is the selling agent fee, then the amount will become negative! RM30,000 - RM10,000 (lawyer fee) - RM23,320 (agent commission) = -RM3320!
Any advice here on selling a property and about the property gain tax would be much appreciate as i am so new to this.
Yes correct for number 1 & 2. If you have losses, you can use that losses to offset any RPGT gains of other property sale you made during the same year1) What lawyer fee, is that the lawyer fee that i engage to sell my house?
2) What is commission fee actually that we can deduct from RPGT actually? Is that the agent fee? Because if that is the selling agent fee, then the amount will become negative! RM30,000 - RM10,000 (lawyer fee) - RM23,320 (agent commission) = -RM3320!
Any advice here on selling a property and about the property gain tax would be much appreciate as i am so new to this.
Jul 7 2020, 06:42 PM

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