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 Any limit on the total house you can own?

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TSfrozenstarxd93
post Feb 23 2021, 01:02 AM, updated 5y ago

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Any limit on the total house you can own?

Someone told me before that husband and wife put single name on the property can own 2 each, total 4 whereas joint name only can own 2 property? Is this true?

What happened if I joint name with my wife, having 2 property and my dad pass a house to me under the will? Can I still own it? Do I have to pay tax to own it?

Do I have to pay stamp duty and gomen RPGT if transfer from father to son?

Please help advise

Thanks!

This post has been edited by frozenstarxd93: Feb 23 2021, 01:19 AM
3rdEdition
post Feb 23 2021, 01:21 AM

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There is no limit..
Just that it is a strategy taking 90% loans for first two houses.
So if register hse individually, you and your wife could get 90% loan for 4 houses

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