Asked by Nelson Wong
Hi, Can i get a tax-free if i first time selling a property
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3 Answers
The current Real Property Gains Tax (RPGT) is only 5% of the property gains (disposal price less acquisition price & costs & renovations, if any) within the first 5 years from the date of purchase under personal name. Sale after 5 years is tax free except for properties registered under company name.(subject to Govt. policy from from time to time.)
You may elect and choose one residential property to be exempted from Real Property Gains Tax and not necessary the first property once in your lifetime. If you are an active property purchaser and seller, you may consider only electing the residential property that generates the most profit margin.
David Wong Tel+60193330573 QUANTUM real estate Read More
You may elect and choose one residential property to be exempted from Real Property Gains Tax and not necessary the first property once in your lifetime. If you are an active property purchaser and seller, you may consider only electing the residential property that generates the most profit margin.
David Wong Tel+60193330573 QUANTUM real estate Read More
Posted Sep 11, 2012
I am real estate negotiator in J.B my name is cavinsim, this is my hp nombor 0167888163 ,email address is cavinsim@ymail.com, may i help you to sell your property? Read More
I am real estate negotiator in J.B my name is cavinsim, this is my hp nombor 0167888163 ,email address is cavinsim@ymail.com, may i help you to sell your property? Read More
Hi Nelson, I'm Venise Tan from The Roof Realty. I'm here to propose myself to assist you to market your properties. Do u hv any properties want to sell/ rent. Appreciate your reply. Venise Tan 0122310822
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