good reminder for me to be strong for him when he needs me most....


http://www.youtube.com/watch?v=B_2jNTTf9WI&list=PL94450AD2D3F01DDA&index=39

Need good recommendations for Physics tuition class in Jurong area. Thanks for your help!

cherrygal:

softcoach:

What I meant was if one gives the 2nd property to spouse, can she buy another property under her name as \"2nd\" instead of \"3rd\" property status. Any implications here? Thot can pay less additional buyer's stamp duty.


Thank you

Can but you need to consider the following before transfer:
1) Do you have cash to return the CPF used by your spouse (if any) for the current 2nd property?
2) Do you have cash to pay the 7% absd and 3% bsd on 50% of the valuation of your current 2nd property? IRAS requires this before transfer by gift is allowed.
3) If your current 2nd property was bought less than 5 yrs ago, do you have cash to pay the seller's stamp duty on 50% of the valuation?
4) After using cash to pay off those things mentioned above, do you still have enough cash to buy your new \"2nd\" property (actually the 3rd)?
5) Also, dun forget the legal implications if the marriage sours so must think through carefully...

Very lucky to have the lax rulings on HDB rental and ownership... private property owners can't even buy a HDB... :pokeeye:

Thanks cherrygal for the providing me with the implications. After doing my sums, I think it would be better to consider purchasing as \"3rd\" property. Bought the HDB some 20 years ago while 2nd property was bought abt 10 years ago. Rental income has helped paid up much of 2nd property as it was only half the price then.

hquek:

softcoach:

[quote=\"cherrygal\"]Just be reminded, 3rd property has 10% additional buyer's stamp duty on top of the usual (3%-$5400) bsd.

Hi

Thanks for reply.

If the 2nd property (private) owned by married couple is given as a 'gift' to the spouse, then will the purchase of \"3rd\" property by the other spouse be considered as \"2nd\" property? with less additional buyer's stamp duty? Thank you

I am not sure but don't think they quite care how this private property came about in one's possession. Can always try to appeal but I doubt will succeed.

On HDB flat rental, remember to lodge details of the tenancy with HDB (can do so online).[/quote]Hi

Sorry I was not clear.

What I meant was if one gives the 2nd property to spouse, can she buy another property under her name as \"2nd\" instead of \"3rd\" property status. Any implications here? Thot can pay less additional buyer's stamp duty.

Thank you

hquek:

softcoach:

Hi


If one buys a third property, can he rent his HDB and other pte property? Both properties have been paid up.

Thanks

Definitely, assuming that the min occupation period for hdb is over.

Hi

Thanks for reply.

cherrygal:

Just be reminded, 3rd property has 10% additional buyer's stamp duty on top of the usual (3%-$5400) bsd.

Hi

Thanks for reply.

If the 2nd property (private) owned by married couple is given as a 'gift' to the spouse, then will the purchase of \"3rd\" property by the other spouse be considered as \"2nd\" property? with less additional buyer's stamp duty? Thank you

Hi


If one buys a third property, can he rent his HDB and other pte property? Both properties have been paid up.

Thanks

Hopefully, my kids will still care for me when I m old... like in this clip ...


[youtube=http://www.youtube.com/watch?v=4fRPpSYr220][/youtube]

BeContented:

reiner:

but clementi side no rain leh... how come same in West, Jurong Pt has rain only??


sky is dark... or hazy eh??

Started raining again. Now is the 'shiok' one cos with wind. Air should be cleanse after this

i m also enjoying the cooler air and heavy rain here at JW too

You can get an update on where to buy masks here...


http://www.ilovedeals.sg/home/where-to-buy-mask