JNSYN
13-10-13, 14:57
Industrial Properties in a Woodlands, TOP soon.
Seller will rent back for 2years so investor will secure rent immediately at 5% yield. And no worry for SSD which is 3years only.
No ABSD but GST applies. GST can be claimed back by purchasing under company. New company can be setup for the purchase and for future rental. Profit from rental will be taxed on company not to individual income. This is good for high income investor. There are also tax relief for company for the first 3 years of incorporation, making it more attractive than individual tax.
Even if purchase under company, loan will still subject to TDSR under individual name unless the company has been running business with profit. So setup new company will only help on GST issue but not loan issue
Small unit size so quantum of investment is low, less than $600k.
PM me for details if interested.
Seller will rent back for 2years so investor will secure rent immediately at 5% yield. And no worry for SSD which is 3years only.
No ABSD but GST applies. GST can be claimed back by purchasing under company. New company can be setup for the purchase and for future rental. Profit from rental will be taxed on company not to individual income. This is good for high income investor. There are also tax relief for company for the first 3 years of incorporation, making it more attractive than individual tax.
Even if purchase under company, loan will still subject to TDSR under individual name unless the company has been running business with profit. So setup new company will only help on GST issue but not loan issue
Small unit size so quantum of investment is low, less than $600k.
PM me for details if interested.