Search found 2 matches

by NEILIOW
Sat Sep 02, 2006 9:06 pm
Forum: legal and finance
Topic: Leasing Land - How's it done?
Replies: 60
Views: 38954

I've read somewhere that as part of the lease the wife receives (for tax purposes) some rent on the lease (of course she probably doesn't actually receive anything if you are married). I also understand she is thus liable for income tax on this rent. Does anyone know about this? How would this rent...
by NEILIOW
Sun Aug 06, 2006 8:25 pm
Forum: legal and finance
Topic: Leasing Land - How's it done?
Replies: 60
Views: 38954

Re: Leasing Land - How's it done?

My wife owns a plot of land which we plan to develope as our home, my wife has agreeond that the best way to deal with title and security for me is for me to take out a lease on the land. Has anyone actually done this and if so what was the procedure. We'll probably use a BKK law firm to advise and...