As I understand that there are many property investors in this forum. I am curious to know what are your annual passive income from your investment property(ies)
<$24,000
$24,000-$48,000
$48,000-$96,000
>$96,000
As I understand that there are many property investors in this forum. I am curious to know what are your annual passive income from your investment property(ies)
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Net or gross?
'Originally Posted by Allthepies
gross please.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Why TS never start with your income 1st?
When you have eliminate the impossible, whatever remains, however improbable, must be the truth
no one vote? scare tax man?
anyone passive income as much or more than their annual salary? those not working not counted lah.
Now we know why property market is still so hot looking at the poll.
Originally Posted by DC33_2008
its a total opposite result to the thread on how much rent forummers here willing to pay if they are foreigner. Not surprising the most popular career for Singaporeans is now being landlord.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
So what happens to these landlords if a possible global recession hits between 2014 and 2015?Originally Posted by Ringo33
Originally Posted by Ringo33
Grab firesales from those landlords who can't hold.Originally Posted by proper-t
What is the chance of it happening?Originally Posted by proper-t
Haha, Ringo....Ringo.....Why bother to conduct a survey when you know you are not good at numbers as pointed out by many forumers here in your numerous threads? Why waste time collecting rubbish data?
Originally Posted by Ringo33
Originally Posted by DC33_2008
just quoting TS. Best you check with him.Originally Posted by DC33_2008
Originally Posted by Ringo33
many big fish in this forum.
I think internet surveys especially when it comes to finances tend to be skewed. I ve noticed that the people who answer tend to be the ones making the money, maybe its just a more disguised way to boost the ego. E.g if you asked how much people are earning, or what is their net worth, you ll suddenly find that everyone 9 out of 10 people on the internet are millionaires and making hell lot of money.Originally Posted by 789
Besides, if you re making one thousand a month, or you re collecting property rental 500 monthly, would you bother to shout it out?
When I was learning about property investment, I wonder how to buy million dollar property with little money I have. There were no internet, forum, guru..... to share.
It take me 10 year wondering how, in 2006 my friend told me he brought a 2 Bedroom FH PC in Geylang for SGD 420,000.
With little knowledge about property investment I brought a 2 Bedroom @ Southbank in Jun 2006 because near MRT, bus stop, wet market, food market...... nothing about yield, capital appreciation, LTV, interest rate, white paper Black paper to guide me only a paper back book call Rich Dad Poor Dad.
Now with internet and google, the world become so small and the people become so close thus learn a bit more.
Be open minded, talk less and think more.
God give you two ear, eye, hand, leg but only one mouth.
Those people will not shout but learn how to add one or two zero behind in this forum.Originally Posted by mosaic
Wait tax man ask you to drink coffee and ask why never declare in tax...
Is there an option to vote $0?
$24k annual is a lot for people who earn less than 2k a month. Nowadays just rent 3 room flat already 2k or more.
Brudder, need to get stamp duty on rental. So iras has all the rental figures. If not how they get rental info and adjust nav for the property.Originally Posted by CondoInterested
So, can run but cannot hide. Hahahaha
You talking about HDB or Private?
BothOriginally Posted by CondoInterested
Check item 5
http://www.iras.gov.sg/irashome/page04.aspx?id=2486
Can the owner or tenant don't stamp the TA?
Everything is possible. The mantra - do but don't get caught....Originally Posted by Cupcakes
In this case. If hdb, hdb can take back the hdb if caught... So not worth it...
Landlord will also be held ransom by tenant... Hahahahahaha
Penny wise pound foolish....
Never remember stamp or pay anything leh.
For HDB, just log in to their website, key in detail, HDB approved, that's it.
Private, tenant pays for the duty.... Typically my agent does everything and claim from the tenant.Originally Posted by CondoInterested
This is how the data is collected and valuation can be done....
Ya, that's what I did too.Originally Posted by CondoInterested
If you dont stamp, can just declare the income. That should be fine i think. Ultimately, most of us will still have to declare the rental income when we apply for loan.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Haha, Ringo.....Ringo.....What are your analysis and conclusions from this survey? Care to explain your views...
Originally Posted by Ringo33
He busy playing in another thread lah...don't disturb his 'fun time'Originally Posted by MLP
Originally Posted by Ringo33
Stamp duty is paid by the tenant. TA is not recognized by court if not stamped.Originally Posted by Cupcakes