Have bought a flat still on homeloan as an individual
8 months ago
Have bought a flat , still on homeloan as an individual. Need to get it registered to HUF so rent can be accounted as HUF income rather than my income. How to make this happen
A.Dear client,
You can transfer the property to HUF after purchase, and the said property will be treated as HUF property. But it is advisiable to take HUF loan, becuase all members of the HUF family will signed on the doucument and will be resposible to pay the same.
You can transfer the property to HUF after purchase, and the said property will be treated as HUF property. But it is advisiable to take HUF loan, becuase all members of the HUF family will signed on the doucument and will be resposible to pay the same.
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