Property
Learning to be a smarter landlord
By Property Soul  •  November 9, 2014
I had my first tenant since 2002. For more than five years, I was renting out four condominium units at the same time. Over the years, like any multiple-property landlord, I signed tenancy agreements with dozens of tenants on both company and individual leases. I had tenants who were Japanese, Koreans, Europeans, Americans, Indians and Singaporeans. Kluje3Similarly, I encountered problems and issues like any other landlord, including bad tenants, dishonest agents, low rental, frequent repairs, late payment, etc. After being an owner in Singapore for longer than a decade, I thought I could call myself an experienced one. Well, not until I attended the Smart Landlords vs Smart Tenants Education Seminar with 140 participants last Saturday. You mean I will be taxed? Between 2002 and 2004, I was snapping up properties in a buyer’s market, completely unaware of all the tax implications. I always think that capital gain tax charged ......
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By Property Soul
I have developed a strong passion for properties since young. In my 20s, I was relocated to Singapore where I bought my first condominium unit at the end of 2002. I added four more to my property portfolio in 4 ½ years’ time. I never expected their total value could be doubled in just a few years.
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