Buy For Invest and Rent for own stay
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 Aug 29 2021, 01:32 PM, updated 5y ago
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#1
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Probation
2 posts Joined: Aug 2021 
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I’m thinking the following strategy.. wonder what other guru think of this strategy ..
I’m thinking to max up all my LA for property investment Then as for my dream home semi d or banglow, I rent using my company which I can also use to deduct tax Is this a good investment strategy? |
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Aug 29 2021, 02:38 PM
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#2
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All Stars
14,511 posts Joined: Sep 2017
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QUOTE(Imnotdupe2 @ Aug 29 2021, 01:32 PM) I’m thinking the following strategy.. wonder what other guru think of this strategy .. 1. If you can afford all the monthly instalments, you can proceed. I’m thinking to max up all my LA for property investment Then as for my dream home semi d or banglow, I rent using my company which I can also use to deduct tax Is this a good investment strategy?  2. If your monthly returns are negative .....? 3. You be tax personally for bungalow rental under co occupied by a director under benefits-in-kind. Bungalow rental is not a direct cost towards the production of goods and services. https://www.sql.com.my/sqlpayroll/bik/ This post has been edited by mini orchard: Aug 29 2021, 03:07 PM |
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Aug 29 2021, 11:02 PM
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#3
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Junior Member
808 posts Joined: Aug 2011 
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What is LA?
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Aug 29 2021, 11:05 PM
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#4
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Probation
2 posts Joined: Aug 2021
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QUOTE(mini orchard @ Aug 29 2021, 02:38 PM) 1. If you can afford all the monthly instalments, you can proceed. Seems like can’t escape2. If your monthly returns are negative .....? 3. You be tax personally for bungalow rental under co occupied by a director under benefits-in-kind. Bungalow rental is not a direct cost towards the production of goods and services. |
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