meanwhile, some kawanks of mine also in airbnb business and rentals lcly they got over 50 props in portfolio, all rented out la, this and that, but if two three unit no tenant sudah cry fademader how to cover. Almost 90% of their shits still in loan tenure.

Also in meantime while they're on the above deepshit, got muka laugh at me say who sorhai go pay settle the prop and has no tenant also still can smile.

Dei... You got tenant also need month month pinjam uang to pay bank. My case is no tenant for half year also i no need pay any sorhem. Who happier?

That’s why full flexi housing loan was best, ayam clear 30yrs loan in 7 years.

Your taxable remtal income = rental income - all costs inc bank interest

Unless you raise the tax bracket after including rental income, total tax percentage wise shall remain the same i.e. 250k and 300k are on same tax braxket.

Hi sifu's2,

If want to declare LHDN rental income, need to key in full amount of rental or nett rental (rental - mortgage - maintenance fees - other cost related to the property?

let say,
rental rm1500
mortgage - rm1000
maintenance fee - rm150

amount need to be declared, rm1500-rm1150 = rm350 monthly kan?

Is there a cycle of non-peak with Airbnb in London?

just nett after all minus out, just make sure u got the spreadsheet ready if you kena audit on how you get that figure nett

others fee you can minus out are, quit rent, assessment, insurance
mortgage part can only minus out the interest, not the sum you are paying to the bank

knwong those days the insurance policy can pay in cash, and they pay it off one shot , with extra discounts and what not, few years later up to them to surrender or not
especially those investment link insurance policy

just nett after all minus out, just make sure u got the spreadsheet ready if you kena audit on how you get that figure nett

others fee you can minus out are, quit rent, assessment, insurance
mortgage part can only minus out the interest, not the sum you are paying to the bank

knwong those days the insurance policy can pay in cash, and they pay it off one shot , with extra discounts and what not, few years later up to them to surrender or not
especially those investment link insurance policy

I would have thought if one wants to launder money it needs to be launder fast. Put in insurance and surrender/withdraw at loss few years later doesn’t sound efficient