Asked by Furyleo
Hi Guru,
I understand that having property owned by a company can enjoy corporate tax breaks and also not tag the income from rental to the personal income tax. Is this true and is this commonly done?
What's the pitfalls or implications if I want to transfer my private property to my company?
I understand that having property owned by a company can enjoy corporate tax breaks and also not tag the income from rental to the personal income tax. Is this true and is this commonly done?
What's the pitfalls or implications if I want to transfer my private property to my company?
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