Interest paid on loan can only be offset against rental income, not other income such as salary.

Interest from local bank FD received by individual is not taxable, it is tax exempt in Malaysia.

I guess you are rich and own company managing many properties purchase and rental collection.


https://www.propertyguru.com.my/property-gu...-malaysia-11868
https://taxsummaries.pwc.com/malaysia/indiv...%20tax%20exempt.

This post has been edited by vhs: Feb 8 2024, 06:12 AM