Can properties be bought and held under Sdn Bhd companies? What is the difference (advantage and disadvantage) between buying and holding properties as an individual compared to a company?
ANSWER:
Yes, you certainly can buy and hold properties under a Sdn Bhd. In fact, this is what the rich do.
The main advantage of doing this is that the properties are protected. As they belong to the company and not under an individual name, creditors and other beings cannot touch the properties.
The minuses include lower amount of financing, increased paperwork and a permanent 5% RPGT charged after 5 years.
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Millionaire Teacher
by Andrew Hallam.
