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Why using ‘loopholes’ to invest in property doesn’t pay
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The misuse of legal arrangements can backfire if you do so for selfish gains.
ST PHOTO: LIM YAOHUI
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Trying to find legal loopholes to dodge paying stamp duty when buying property can be a risky business that is more likely to leave you tied in financial knots.
Just following the rules might sound too passive and unimaginative for some, but it’s a lot better than getting embroiled in a legal wrangle later. The stakes are especially high when it comes to property, as it is possible you could lose your precious bricks and mortar if you get it wrong.
