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Today 08:05 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
thats the minimum tax i can paid to own multiple properties.
if both of us own 4 together (instead of 2 each), absd itself will kill us

renting 2 out, 1 under development. so still ok
Ok; the minimun tax is still alot because you are set back by a few hundred K.

But as you said you are leaving assets to your children.
Yesterday 10:53 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Wonder why you pay extra tax on own 2 private each.
thats the minimum tax i can paid to own multiple properties.
if both of us own 4 together (instead of 2 each), absd itself will kill us

renting 2 out, 1 under development. so still ok
Yesterday 09:48 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
That's honestly quite low for someone your age. Are you a ITE grad?
That's really uncalled for. You think those who are earning less (that definitely made up of the majority of the working population) would declare their salary here? What an inconsiderate privileged person you are.
Yesterday 08:14 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
how come asset networth so low? with this household income you should start to invest more.

both me and wife (mid 30s) are earning > 200k pa.
currently owning 2 private each (total 4), with 2 fully paid and other 2 50% paid

no plans for early retirement (still having good worklife balance), just want to leave more assets for my children

Wonder why you pay extra tax on own 2 private each.
Yesterday 08:01 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Female, mid 30s, local U grad, internet industry, family household income 500-600k p.a, current asset networth around 1.1M, plan to retire at age of 50-55, with 4-5 private properties. Honestly, still need to work hard for the next 20 years or so to achieve this goal.
This is the only true salary posted here. The rest are trolls.
Yesterday 04:01 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Female, mid 30s, local U grad, internet industry, family household income 500-600k p.a, current asset networth around 1.1M, plan to retire at age of 50-55, with 4-5 private properties. Honestly, still need to work hard for the next 20 years or so to achieve this goal.
how come asset networth so low? with this household income you should start to invest more.

both me and wife (mid 30s) are earning > 200k pa.
currently owning 2 private each (total 4), with 2 fully paid and other 2 50% paid

no plans for early retirement (still having good worklife balance), just want to leave more assets for my children
Yesterday 08:20 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Female, mid 30s, local U grad, internet industry, family household income 500-600k p.a, current asset networth around 1.1M, plan to retire at age of 50-55, with 4-5 private properties. Honestly, still need to work hard for the next 20 years or so to achieve this goal.
With 500 to 600k pa, you can retire in 5 to 10 years. Time is of essence.
27-11-2020 08:01 PM
Unregistered
Hello

Female, mid 30s, local U grad, internet industry, family household income 500-600k p.a, current asset networth around 1.1M, plan to retire at age of 50-55, with 4-5 private properties. Honestly, still need to work hard for the next 20 years or so to achieve this goal.
25-11-2020 10:14 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
That's honestly quite low for someone your age. Are you a ITE grad?
Donít listen to that salt, youíre doing above average actually. I would say audit salary is a pretty good benchmark for the average uni grad salary which would be about 5-6k for 5 years of exp
25-11-2020 09:53 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
That's honestly quite low for someone your age. Are you a ITE grad?
Real ITE grad spotted.

If ITE grads earn ~8k base @ 32 y/o we all can pang gang alr
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