Asked by d***@hotmail.com
Hi.
I find the rental income tax calculation interesting.
if we've a few properties, do we calculate each separately where the loss is considered as RM0 taxable, or can we add all the rental income together and only report the net income?
For example,
Property A = income 10000
Property B = income -2000
Property C = income 5000
So do we report income of 15k or 13k?
Thank you.
I find the rental income tax calculation interesting.
if we've a few properties, do we calculate each separately where the loss is considered as RM0 taxable, or can we add all the rental income together and only report the net income?
For example,
Property A = income 10000
Property B = income -2000
Property C = income 5000
So do we report income of 15k or 13k?
Thank you.
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