Tax free?! The glorious tax free savings account (TFSA) has been in effect since 31 March 2015 in South Africa and has made the hearts of savers and individual investors all warm and fuzzy. Yes. The government decided in one Read more…
WARNING! This is a technical article riddled with opinions Note that this is not light reading – I am exceptionally biased and this is my opinion. Enjoy the ride! So you own the ultimate diversified ETF What’s an ETF? If Read more…
Help! I want to get into property! Many people want to get into real estate, but don’t know where to start. Whether you’re looking to buy a home for you and your family or looking for investment property – both Read more…
It’s time to sell The time has come to sell your property. From the plethora of reasons which might include you’re upsizing, downsizing, dying or selling due to the investment goes south – one needs to realise that some time Read more…
Profit within the property sphere is normally taxed at your full income tax rate.
Though this might make you exceptionally happy (or not), the government tries to stimulate the economy by giving tax incentives to individuals and businesses who invest in the property sphere.
These often come in the form of tax breaks and tax discounts.
People want money I recently spoke to someone on Twitter who confronted his financial advisor about the exceptionally high commission on their entire fund value. The FA eventually just shrugged and said: “Well, we all need to live!”. This is Read more…
Negotiate your property deal for the win So you’ve found the property that you’re looking for. You know if it’s a good deal or not, but you sort of have a couple of loose ends that you need to tie Read more…
Where do you start when viewing a property? Stop me if you’ve heard this one. My real estate agent comes to me and tells me about this beautiful property. They claim it’s an absolute bargain at R 100 000 for the Read more…
You don’t just want to buy any property How do you find that property that’s just right for you? Well, the first question, naturally is – did you google it? There are many websites like private property and property24 that Read more…
Pre-qualification When you want to buy a property, an agent will tell you: “we want to know how much you pre-qualify for because we want to make sure that we’re not wasting our time!”. Though the terminology is something to Read more…
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