Lowyat.NET: Latest topics by homosapien8888

tax for oversea trading /dividend

homosapien8888 — Sat, 30 Oct 2021 22:11:53 +0800

Any tax from dividend from stock in oversea market if you used local broker ?
All the dividend will be tax once remit to Malaysia broker ?
double taxation ?

Maybank remisier -any good one ?

homosapien8888 — Thu, 23 Sep 2021 16:05:12 +0800

Hi , any Maybank remisier that can give competitive brokerage ? Location KL + Klang valley ...
If there are any , please PM me .thanks.

plan to buy 1 more property

homosapien8888 — Sat, 19 Sep 2015 14:30:29 +0800

dear, sifu

i plan to buy 1 property in the future

my gross salary around 11k/month no bonus

my debt obligation

personal loan rm 1815/month , to finish by 04/2016
house loan 1. rm 2663 for 30 year
house loan 2 rm 2249 for 30 year
car loan 3. rm 1874 for 5 year

total rm 8600

rental
house 1 rm 1600 /month for 24 month, most likely will be cont
house 2 rm1500/month for 12 month , tenant want to stay for 1 year only , most likely need to look for new tenant

if i plan to buy 1 more property, how much loan will i be able to obtained?
no issue with downpayment
and when i can maximise my loan ? after i finish my personal loan?

thanks

cukai tanah, cukai pintu before VP or after VP

homosapien8888 — Mon, 16 Feb 2015 14:27:53 +0800

hi, may i know cukai tanah n cukai pintu need to pay before the VP or after VP for new house?
the transfer of title was just completed on jan 2015
my house had been completed since 5/2014

free hold property

homosapien8888 — Sun, 15 Feb 2015 19:17:14 +0800

hi sifu,

my property was a free hold property
i just receive all the relevant document
in my document(geran)
it was stated

SEKATAN-SEKATAN KEPENTINGAN

Tanah ini hanya boleh dipindah milik atau dipajakkan dengan kebenaran bertulis oleh pihak berkuasa.Sekatan ini dikecualikan kepada kaum bumiputera bagi pindah milik kedua dan seterusnya..

what does this mean?

my property is bumiputera land?

any problem if i want to sell in the future?

can i sell to non bumi in the future?

will this affect my property price?

need help, cukai tanah and cukai pintu

homosapien8888 — Sun, 15 Feb 2015 16:42:35 +0800

dear sifu,

i need some help here

i had bought a house from developer
but the developer never told me its under bumi quota.

i only found out after signing s &p on may 2013.

problem started as the bank didnt want to release the loan until the transfer of the title was settle,

the transfer of title was dragged til 28 Jan 2015 and completed after settle with all the relevant authority and now the geran is under my name but dipajakkan to the bank .

my problem was, do i need to pay the cukai pintu and cukai tanah before the date of the transfer of the title,

as i think its not fair for me to pay during the period that the title was not register under my name..

i am going to collect the key before CNY

please kindly advise..

thanks for yr help

after sign S&P only know its bumi lot, any prob?

homosapien8888 — Sun, 30 Nov 2014 22:16:32 +0800

hi.

I had purchase a landed property in IPOH for my in laws. We was not told by the developer and lawyer that the house is a bumi lot. We had signed the s&p on may 2013 after my loan was approved by bank. i had paid 12 % deposit.

i had subsequently paid all the stamp duty and lawyer legal fee for s&p and loan legal fee to the lawyer.

My S &P was stamped and subsequently given to me.

My problem started from here. After a few month, i tried to find out that whether my loan was released to developer. However the bank still unable to release the loan to the developer due the the land title is for bumi lot.

i only knew that my unit is a bumi lot after being informed by my bank officer.

so now my question, any implication to me as a buyer if
1. the land transfer from bumi lot to non bumi is unsuccessful.. the developer keep saying just need MB consent and they will get it soon..( i am worried becoz i had paid 12 % deposit as well as had paid all legal fee + stamp duty for s&p and bank loan)

2. in the future if i want to sell the house, any implication or restriction to me?

3. if the developer fail to deliver the house after 24 month of S &P as promised , can i get compensation from the developer?

4. my unit is FREEHOLD

i hope some sifu can help me..
as usual the developer and lawyer will convince u there will be no issue, i just need some advice from sifu here?

i got 1 million of debt, what shall i do?

homosapien8888 — Mon, 10 Nov 2014 18:36:08 +0800

hi , my debt is about 1 million, hope to get advice from sifu here
i got 50k cash now, how should i use it now?

house 1 , debt 443k installment 2600/month , interest rate blr-2.3 - no rental
personal loan 41k, 24 month now left 18 month , rm1815, interest 3.13%
house 2, debt 460k - DIBS, will need to serve the installment 1Q 2015, installment about 2.1k a month, BLR-2.4
car loan , 100 k , interest 2.48 % monthly installment 1874, 5 year,

how should i restructure my debt?

my income to debt ratio is 90 % at this moment