View Full Version : rental income
I understand that for rental income, we have to report to IRAS but how about the rent that we paid to others, can we claim back? For example, we rent out our house, then due to certain reason, we go and rent from others, can this rental expenses be offset from rental income.
I understand that for rental income, we have to report to IRAS but how about the rent that we paid to others, can we claim back? For example, we rent out our house, then due to certain reason, we go and rent from others, can this rental expenses be offset from rental income.
Can if you setup a company and park it under expenses.
Can if you setup a company and park it under expenses.
Oic, Thanks.
expense for tax purpose is property specific for the individuals.
Rental for own stay is not tax deductible against other rental income.
Powered by vBulletin® Version 4.2.2 Copyright © 2024 vBulletin Solutions, Inc. All rights reserved.