FlyerTalk Forums - View Single Post - The 'Best credit cards for KF miles accrual' master thread
Old Jan 7, 2017 | 5:30 am
  #6591  
ExSin
 
Join Date: Jan 2016
Location: SIN
Posts: 352
Originally Posted by spk307
True. I read somewhere that a report needs to be sent to IRAS on individuals receiving money this way, as the assumption is that they 'earn'.
You're right. And there are property tax implications - i.e your property is called 'rented' - jacking up the tax.

Overall, sounds like a good MS opportunity but in reality its not worth it.
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