1. Register with the buyer's personal name

This is the easiest way. Generally speaking, buyers of new condos are mainly investors, and these people generally have their own primary residence (PRINCIPLE RESIDENCE). The appreciation of the main residence is tax-free. The value-added of investment properties other than the main residence belongs to CAPITAL GAIN, which is subject to tax. If the investment property has rental income before it is sold, the rental income is also subject to tax, but investors can The advertising cost of recruiting tenants, the maintenance expenses of the house itself and the interest of MORTGAGE are deducted from the cost.

2. Register the names of two buyers

There are two forms of this method, JOINT TENANTS and TENANCY IN COMMON. If a couple purchases together, then the names of the two can be registered and become JOINT TENANTS. In this form of ownership, if one of the spouses dies, the other spouse automatically owns 100% interest in the property. If you buy everything between friends, you can use the form of TENANCY IN COMMON. The two registrants can each have the rights and interests of 50%, or one person can have 30% and the other 70%. If one of them dies, then his rights and interests in the property will be inherited by his heirs and have nothing to do with the others. For properties owned by two or more people who are not family members, it is recommended to adopt the form of TENANCY IN COMMON. In terms of taxation, each person pays his own part.

3. Register your child's name

Some investors want to register the name of their child over 18 years old. If this child buys a house for the first time, he can get LAND TRANSFER TAX REBATE. But if the child is still in school or has no other form of income, then getting a loan from the bank may be problematic. One solution is to use the parent as a CO-SIGNER for the child’s loan. The potential danger of this approach is if the child is already married . Or if you get married later, and then the marriage has problems, then the property under his name may be divided by the other party, or the child will encounter financial difficulties in the future, then the property under his name may be auctioned to pay off the debt. So investors should consider these issues before making a decision.

4. Register as a limited company

Investors can set up a limited company to register as the owner of CONDO. The company can exist independently of its shareholders, the company can be transferred and closed. The main reason for using a limited company as the owner is that the shareholders of the company can not bear the legal troubles caused by the ownership of these properties. The limited company takes full responsibility for this. For example, when a tenant is harmed by the landlord and sue the landlord, because the landlord is a limited company, it will not affect the personal and family property of the shareholders of the limited company. It is more troublesome and expensive to register as a limited company, such as company registration fee, annual tax declaration, and book keeping expenses. The other is that the value-added of real estate registered as OWNER with a limited company is not tax-free like PRINCIPLE RESIDENCE, and it is 100%TAXABLE, but the value-added of real estate as an individual investment is 50% TAXABLE. Another negative effect of using company registration is that it cannot be obtained. A high percentage of loans.