In facts, most of the landlords do face some risks on a daily basis such as legitimate, malicious lawsuits and frivolous. They can range from injuries from faulty appliances and rehab work to obsession by landlords, drug activities or tenant’s pets injured neighbors’ kids.
So how can a rental property owner protect their assets and other streams of income from these problems?
To read the full article, please visit 6 Strategies To Be A Smart Landlord
Wealth Mastery Academy - WMA is a reputable organization that is committed in empowering people with the right financial education, knowledge and proven skills to in order for individuals to attain financial freedom. Over the years, WMA has coached thousands of individuals from all walks of life and have guided them with powerful and proven skills towards the path of financial freedom. WMA will continue to grow and remain committed with our aim to assist people towards their dreams.
Be a successful landlord is never easy. It is not just collecting rent every month with the tenants and you still have a responsibility to them. If you want your tenant pay rent on time, they have some expectation of you as well.
Before you want to be a landlord or you are new landlord, you must read on the responsibilities a landlord has to their tenants.
To read the full article, please visit What Is A Landlord’s Responsibilities To Their Tenants
Wealth Mastery Academy - WMA is a reputable organization that is committed in empowering people with the right financial education, knowledge and proven skills to in order for individuals to attain financial freedom. Over the years, WMA has coached thousands of individuals from all walks of life and have guided them with powerful and proven skills towards the path of financial freedom. WMA will continue to grow and remain committed with our aim to assist people towards their dreams.
If something comes out, you will force to moving to an unfamiliar city, state or country and you might start to worrying about whether the neighborhood are fits to your living style. Here, MoneyCrashers gives you some good tips on how to find the good neighborhood or community to you;
To read the full article, please visit 11 Tips To Find The Good Neighborhood
Wealth Mastery Academy - WMA is a reputable organization that is committed in empowering people with the right financial education, knowledge and proven skills to in order for individuals to attain financial freedom. Over the years, WMA has coached thousands of individuals from all walks of life and have guided them with powerful and proven skills towards the path of financial freedom. WMA will continue to grow and remain committed with our aim to assist people towards their dreams.
There are a bunch of things you will need to concerns about before you buying a new home to settle down your family. You will need to make a hard decision when you have your own kids, and you will need a place with more convenience and less risk to make sure their safety.
Let’s take a look at the common factors that the parents should focus on when choosing a house to live with their family, especially their kids;
To read the full article on this topic, please visit These Are The Things That You Should Consider When Choosing A House To Live With Your Family
Wealth Mastery Academy - WMA is a reputable organization that is committed in empowering people with the right financial education, knowledge and proven skills to in order for individuals to attain financial freedom. Over the years, WMA has coached thousands of individuals from all walks of life and have guided them with powerful and proven skills towards the path of financial freedom. WMA will continue to grow and remain committed with our aim to assist people towards their dreams.
Buying a home is an extremely high commitment and the homeowner have to take up to 35 years to pay-off the home loan. In such a long period of time of loan tenure, the homeowners must protect their home and family even when they are no longer around.
Every homeowners should think about this question before buying a house “what if the home loan is not settled in full and you’re passed away in sudden incident?”. If you buy a house without put this into your consideration, it can turn into a tragedy and bring your loved one a huge burden in the event of total permanent disability (TPD) or even death.
To read the article, please visit The Differences Between MRTA And MLTA
Wealth Mastery Academy - WMA is a reputable organization that is committed in empowering people with the right financial education, knowledge and proven skills to in order for individuals to attain financial freedom. Over the years, WMA has coached thousands of individuals from all walks of life and have guided them with powerful and proven skills towards the path of financial freedom. WMA will continue to grow and remain committed with our aim to assist people towards their dreams.
In previous article, we’ve talked about what is Real Property Gains Tax (RPGT) as well as how to calculate RPGT while selling the property to others. So, let us continue the topic of what is the frequently asked question which may be relevant in understanding the actual concept of RPGT as follows;
When should I pay for RPGT?
As prescribed by law, the buyer’s lawyers are required to retain a 3% of the purchase price from the deposit and remit the same to the Inland Revenue Board within 60 days from the date of the S&P Agreement to meet the RPGT payable.
To read the full article, please visit Understanding The Concept Of Real Property Gains Tax (RPGT)
Wealth Mastery Academy - WMA is a reputable organization that is committed in empowering people with the right financial education, knowledge and proven skills to in order for individuals to attain financial freedom. Over the years, WMA has coached thousands of individuals from all walks of life and have guided them with powerful and proven skills towards the path of financial freedom.
What is RPGT?
Real Property Gains Tax also known as RPGT, is a form of Capital Gains Tax that is chargeable on the profit gained from the disposal of real property in Malaysia.
In simple words, RPGT is basically the tax on chargeable gains derived from the sale of your land or a property. While a chargeable gain is the profit that you make for selling a property at a higher price than purchase price.
For instance, you bought a property in 2006 at RM 500k. Few years later, you sold the property to others at RM 700k, so, you gaining a RM 200k profit from selling the property. Then you will be taxed of your RM 200k profit.
To read the full article, please visit Guidelines On Real Property Gains Tax (RPGT) In Malaysia
Wealth Mastery Academy - WMA is a reputable organization that is committed in empowering people with the right financial education, knowledge and proven skills to in order for individuals to attain financial freedom. Over the years, WMA has coached thousands of individuals from all walks of life and have guided them with powerful and proven skills towards the path of financial freedom. WMA will continue to grow and remain committed with our aim to assist people towards their dreams.
As a property buyer, how do you know whether you being overcharged for that property? Every property buyer thought they getting the fair price on every property that they have bought, but in fact, totally not.
However, knowing the approximate and acceptable range of property price is very important. In order to protect yourself from being charged an unfair price for a property, you can take these following easy steps for your next property purchase or if you first-time home buyer, this is the article that you must continue to read on;
To read the full article, please visit Find Out If You Are Paying True Price Of A Property
Wealth Mastery Academy - WMA is a reputable organization that is committed in empowering people with the right financial education, knowledge and proven skills to in order for individuals to attain financial freedom. Over the years, WMA has coached thousands of individuals from all walks of life and have guided them with powerful and proven skills towards the path of financial freedom. WMA will continue to grow and remain committed with our aim to assist people towards their dreams.
