Property Renting Tip #10: Rental Income from Property

(Reference: www.iras.gov.sg) Rental income is taxable in Singapore.However, there are expenses that you can deduct from your rental income: Interest on mortgage loan Property tax Fire insurance Commission paid on getting a subsequent Tenant Cost of renewing a lease or getting a new Tenant and General repairs and monthly maintenance charges paid to the Management…

Property Renting Tip #5: Rental Rate

Would you rather accept a lower than expected rental or leave the rental unit vacant when you are not able to find a Tenant who can pay your expected rental? Besides looking at the rental yield, which is dependent on the purchase price, another element to help in making such a decision is to understand…

Singapore Property Classifieds #15

For Sale Lavender St Office, 1000-sqft modern renovation 999-yrs carpark nearby. Pictures: www.limyumu.com. Mark Lim 9739-9985 R018154H DWG North Point Bizhub (B1). 2669-sqft parking lot mezzanine toilet TOP end 2012. Pictures: www.limyumu.com. Mark Lim 9739-9985 R018154H DWG Verdana Villas (FH Cluster Semi-Detach). 4370-sqft Pool Lift Carpark TOP 2014. Pictures: www.limyumu.com. Mark Lim 9739-9985 R018154H DWG…