The risk of buying properties in someone else’s name

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Sham property transactions can be detected easily because all records of the transactions have to be filed online.

Sham property transactions can be detected easily because all records of the transactions have to be filed online.

PHOTO ILLUSTRATION: PIXABAY

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SINGAPORE – You should never use a proxy to buy properties just to save on taxes, because doing so will definitely cause you to lose a lot more later.

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