Land ownership and registration certificate

a-sha

Active Member
Joined
Jul 9, 2021
Messages
95
You can make a simple loan agreement over a duty stamp (materai), it has to be in Bahasa, and no need for a notary. The loan can be in USD, so the interest rate could be low (0.25-0.5%).
I made a loan agreement: 25 years + 0,5 % interest per year, starting next month. Would that be okay, in spite of I transferred all of the payments for the house in 2020? If I pre- date the loan agreement, I donnot have proof that my wife transferred the monthly payments to my bank account.

Maybe a solution for this not having proof of transferring the monthly payments to my bank account is this:

A contract with my wife that I pay rent for staying at her house. Maybe that sounds crazy. But let's be honest. The tax authorities here, treat the house I bought for my wife as income and taxeable (I don't know if this is correct English) because man (WNA) and wife (WNI) have no direct vertical relationship. In fact, the same situation as a stranger gives money to my wife. So, in light of this, I am renting a room in her house with use of bathroom and kitchen facilities. Paying rent as much as the monthly payments she has to pay me.

Question: acceptable or not?
 

centurion

Well-Known Member
Cager
Joined
Aug 20, 2016
Messages
912
I made a loan agreement: 25 years + 0,5 % interest per year, starting next month. Would that be okay, in spite of I transferred all of the payments for the house in 2020? If I pre- date the loan agreement, I donnot have proof that my wife transferred the monthly payments to my bank account.

Maybe a solution for this not having proof of transferring the monthly payments to my bank account is this:

A contract with my wife that I pay rent for staying at her house. Maybe that sounds crazy. But let's be honest. The tax authorities here, treat the house I bought for my wife as income and taxeable (I don't know if this is correct English) because man (WNA) and wife (WNI) have no direct vertical relationship. In fact, the same situation as a stranger gives money to my wife. So, in light of this, I am renting a room in her house with use of bathroom and kitchen facilities. Paying rent as much as the monthly payments she has to pay me.

Question: acceptable or not?
You do not need to have bank transfers for loan repayment installments. You can have receipts signed over materai (duty stamp), confirming she received the money.

If you rent, your spouse (owner) will have to pay 10% tax on rent.
 

a-sha

Active Member
Joined
Jul 9, 2021
Messages
95
You do not need to have bank transfers for loan repayment installments. You can have receipts signed over materai (duty stamp), confirming she received the money.

If you rent, your spouse (owner) will have to pay 10% tax on rent.
You mean: she can have receipts confirming I recieved the money, right?
 

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