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
Senior
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."
Junior
Net or gross?
Senior
'Originally Posted by Allthepies
Net or gross?
gross please.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Lazy Bum
Why TS never start with your income 1st?
When you have eliminate the impossible, whatever remains, however improbable, must be the truth
Newbie
no one vote? scare tax man?
anyone passive income as much or more than their annual salary? those not working not counted lah.
Senior
Now we know why property market is still so hot looking at the poll.
Senior
Now we know why property market is still so hot looking at the poll.
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."
Junior
So what happens to these landlords if a possible global recession hits between 2014 and 2015?
Junior
Grab firesales from those landlords who can't hold.
Senior
What is the chance of it happening?
Newbie
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?
Senior
Now we know why property market is still so hot looking at the poll.
Junior
just quoting TS. Best you check with him.
Newbie
many big fish in this forum.
Newbie
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.
Besides, if you re making one thousand a month, or you re collecting property rental 500 monthly, would you bother to shout it out?
Senior
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.
Senior
Those people will not shout but learn how to add one or two zero behind in this forum.
Newbie
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.
Junior
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.
So, can run but cannot hide. Hahahaha
Newbie
You talking about HDB or Private?
Junior
Both
Check item 5
http://www.iras.gov.sg/irashome/page04.aspx?id=2486
Newbie
Can the owner or tenant don't stamp the TA?
Junior
Everything is possible. The mantra - do but don't get caught....
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....
Newbie
Never remember stamp or pay anything leh.
For HDB, just log in to their website, key in detail, HDB approved, that's it.
Junior
Private, tenant pays for the duty.... Typically my agent does everything and claim from the tenant.
This is how the data is collected and valuation can be done....
Newbie
Ya, that's what I did too.
Senior
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."
Newbie
Haha, Ringo.....Ringo.....What are your analysis and conclusions from this survey? Care to explain your views...
Junior
He busy playing in another thread lah...don't disturb his 'fun time'
please leave my balls alone leh.
actually condo pool betters to see boobs, not balls.
Newbie
Stamp duty is paid by the tenant. TA is not recognized by court if not stamped.
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