Rental Income and Dividend income - The Asian Commercial Sex Scene

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Rental Income and Dividend income

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16-11-2015, 12:10 PM

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Rental Income and Dividend income

An honorable member of the Coffee Shop Has Just Posted the Following:

Was talking to a friend of mine over the weekend. He told me he just managed to rent out his condo, after 2 months of being vacant after TOP. Was telling me his rental income just enough to cover his installment, with a little bit more to cover the maintenance, but kpkb on having to pay tax on the rental income and also the agent fees.

He was remarking that its better to buy stock/bonds or even reits where there isn't a need to pay tax on the dividend.
No sure how true is that though..........

Anyway, its his 2nd condo. First one I believe, still got some loan to pay, but very minimal. Maybe can pay off in the next 2-3 years. Net, Net is still positive, if really need to sell off as was bought low......

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