Is it advisable to register wife as occupier so that I can buy another property without paying absd?

Should I register my spouse as occupier so that I can buy another property without paying absd?

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Ryan Ong

27 Nov 2020

Partner at Stacked Homes

Hey! Yes it’s perfectly fine so long as you are able to take on the loan yourself based on just your income. After reaching the MOP, your wife would be able to purchase property under her own name.

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Wld u buy a 2nd property if you need to - pay $145k absd - property already leased out for2.7k monthly - maintenance 200 monthly - loan is 2.9k for 20 years - after paying 300k plus for absd bsd 25%

How is buying a condo as a second property and renting it out profitable when you have to pay ABSD, extra property and income taxes, bank loan interest and etc?

What are the various strategies to own multiple properties without paying ABSD?

For an EC, I heard that I could remove my name after the 5 years MOP (so left my partner’s name). Then I could buy another property without the additional stamp duties. Is there such a thing for BTO?

If someone die without a will, will his/her property be auction off and where could I buy his/her property?

Wld u buy a 2nd property if you need to - pay $145k absd - property already leased out for2.7k monthly - maintenance 200 monthly - loan is 2.9k for 20 years - after paying 300k plus for absd bsd 25%

How is buying a condo as a second property and renting it out profitable when you have to pay ABSD, extra property and income taxes, bank loan interest and etc?

What are the various strategies to own multiple properties without paying ABSD?

If someone die without a will, will his/her property be auction off and where could I buy his/her property?