Risks of buying properties in 99-to-1 share | Invest

Ever been advised to split the ownership of a property 99-to-1? READ MORE: https://str.sg/wusV

While some believe this ownership set-up will help them save money when they want to buy more properties later, others are being misled by over-zealous real estate agents who have been giving faulty tax advice.

Invest editor Tan Ooi Boon explains what you need to know about splitting a property 99-to-1 and paying additional buyer's stamp duty (ABSD).

Subscribe ➤ http://bit.ly/FollowST
Turn on notifications 🔔 to stay updated
--------------------
WEBSITE ➤ https://www.straitstimes.com
FACEBOOK ➤   / thestraitstimes  
TIKTOK ➤   / straitstimes  
INSTAGRAM ➤   / straits_times  
TWITTER ➤   / straits_times  
TELEGRAM ➤ https://t.me/TheStraitsTimes
PODCASTS ➤ https://str.sg/stpodcasts

#Invest #property #singapore #straitstimes