The 99/1 Property Scheme: A Dangerous Loophole or a Smart Move?

Imagine waking up to a hefty fine because you fell for a loophole you thought was foolproof. If you’ve seen the headlines, you know that the IRAS is reclaiming over $60 million from property buyers who exploited the notorious 99/1 scheme to dodge ABSD. Our Prime Minister, Mr. Lawrence Wong, has called this arrangement a blatant tax avoidance tactic.

What exactly is the 99/1 scheme? Is it illegal? And how does it differ from decoupling? In today’s video, we’re uncovering the truth behind the controversial 99/1 ownership structure and what you need to know to protect yourself from potential financial nightmares.

In this video, you’ll learn:

The shocking details behind the fractional purchase scheme and why it’s under fire.
The legal 99/1 ownership model and its implications.
Real-life case studies that highlight the benefits and risks of these strategies.
Join me, Kelly from PropertyHunter Singapore, as we navigate this complex landscape. Whether you’re a seasoned investor or just starting, understanding these differences could save you a fortune. Don’t miss out—this knowledge is vital in today’s unpredictable real estate market!

If you’re new here, don’t forget to like, share, and subscribe for more insights on property investment, real estate trends, and home buying tips.

Stay tuned, because this could change everything you thought you knew about property ownership!

For more videos like this, do subscribe to us here!

Timestamp:

00:00 Introductions
01:07 What is the 99/1 Scheme?
01:25 Fractional Purchase Scheme
01:50 Why Do We Use the Fractional Purchase Scheme?
03:09 Is It Legal?
03:33 The Legal 99/1 Ownership
04:05 Benefits of 99/1 Tenancy in Common
04:42 Case Study 1: Estate Planning
05:15 Case Study 2: Ease of Transfer


For more information on decoupling:
https://www.businesstimes.com.sg/sing...


Connect us on your socials:
Tiktok -   / paulfam  
Instagram -   / iampropertyhunter  
Facebook -   / propertyhunter.com.sg  
Website - https://propertyhunter.com.sg

#islandlife #sgrealestate #sghomes #realestate #dreamhome #realtor #property #realestateagents #realstate #realestateinvestor #lifestyle #propertyagent #singapore #singaporelife #property #realestateagents #realstate #realestateinvestor #lifestyle #propertyagent #propertyhunter