Module #09 How to use less than RM500 to make your property more attractive instantly

Master Trainer: Nurul-Huda Mohamed Afandi

What is covered in this training:

  • Amenities makeover
  • Bedroom makeover
  • Living room makeover
  • Dining area makeover
  • Easy and low cost improvement tips for your homestay

Master Trainer: Nurul-Huda Mohamed Afandi

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  • Kuan Chean Chow

    July 8, 2016

    Hello Nurul,
    For sdn bhd company accounting issue,
    1. do u put in to the account as a ‘rental income’?
    2. do i need to do and stamp the rental agreement for only 3 days rental?
    3. any problem when the income tax people come to audit the account?
    4. if the agreement is not stamped, will the income tax people not recognized?
    5. where can i stamp the agreement besides income tax office?
    thank you.

    • Nurul

      July 11, 2016

      Hi Ronald,
      I do the following but mine is enterprise.
      1) i put it as business income
      2) no there’s no need to stamp rental agreement. The rental agreement i use is just a 1 page doc, to clearly state the rules to the guest.
      3) i just show to income tax my P&L, and the receipts for my expenses eg repairs, purchase of bedsheets, toiletries etc which i put as business expense.
      4) if you are operating this as a business, then you will not classify it as rental income, hence it is treated differently than normal house rental
      5) from my knowledge, house rental agreement stamping is usually at Pejabat Daerah.
      Hope this helps

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