Doing Airbnb: short-stay side hustle or tourist accommodation business?

Malaysia has recently come out with guidelines to regulate the renting of Short-Term Residential Accommodations (STRA) on digital platforms. Among those platforms the most popular and successful is Airbnb, a company founded in 2008 by two unemployed designers, Brian Chesky and Joe Gebbia who rented out air bed in their flat in San Francisco toContinue reading “Doing Airbnb: short-stay side hustle or tourist accommodation business?”

Malaysia’s RPGT 2019: More Pain, Less Gain

From 1 January 2019 onwards RPGT will have to be paid regardless of how long you have owned your property.┬áReal Property Gains Tax (RPGT) is the share of money you must pay to the government from the profit you make in selling your house. Previously under Najib Razak RPGT in 2014 was hiked up toContinue reading “Malaysia’s RPGT 2019: More Pain, Less Gain”