Hello,
I am about to invest in Bali and I saw a lot of warning not to down-value the lease contract although it is common practice. I did some research but I not exactly understanding the legal disadvantages, especially in case there might be a conflict with the landowner afterward. My understanding is that his can be used as leverage after all.
Also, what taxes a due when I lease land? On the lessors and lessees side.
Kind Regards
I am about to invest in Bali and I saw a lot of warning not to down-value the lease contract although it is common practice. I did some research but I not exactly understanding the legal disadvantages, especially in case there might be a conflict with the landowner afterward. My understanding is that his can be used as leverage after all.
Also, what taxes a due when I lease land? On the lessors and lessees side.
Kind Regards