Quote:
Originally Posted by Hurricane88
Hope you understand can extend another 50 yrs but not sure how this works becos we all still learning.... 
Anyway we are investors and reap profit we run...anyway if dun make still hv property in our name...
Currently very hot market and most launches sold out...we bought brand new launches and not built...so not old 1 yr old...no chance see pink book and may hv sold...
We intend to keep money here to spend...so no need to change etc...if opportunity arises we invest others...impressed that vnd stable past two years... |
Definitely to each his own as you have done your own homework before & have deemed it worthwhile so as Nike says, just do it......
With regards to the potential lease extension thingy, as long as it is not in black & white all valuations of property will only take into account the remaining lease to value the property for resale so the same amount of depreciation based on 50 years will still applies
moreover do not even need to think about the volatile property rules overseas as the Garment can flip-flop anytime so is still a no-no for me personally
Cheerios......SS08 ^_^