ABSD and Property Ownership: Decoding Legal Structures for Couples

Video description from @notgpodcast

We'll explore the specific case of the 99-1 ownership split, a strategy often used by couples to facilitate asset progression when individual Total Debt Servicing Ratio (TDSR) limits prevent securing adequate financing. Learn about the legal framework that allows such arrangements and the circumstances under which the Inland Revenue Authority of Singapore (IRAS) might scrutinize these transactions.

This episode is crucial for potential property buyers, investors, and anyone interested in understanding how to navigate the complexities of ABSD legally and effectively, ensuring they make informed decisions without falling into common traps.