Your cart is currently empty!
How to buy a property using existing assets
Asset-based lending allows individuals to use their investment or crypto portfolios as collateral for property loans, bypassing traditional deposit requirements. Various banks and companies offer these loans with strict criteria based on asset value and type. While this method avoids capital gains tax, risks include potential market fluctuations and the need for collateral reassessment.
CSOS – The Community Schemes Ombud Service
CSOS, the Community Schemes Ombud Service, regulates the conduct of parties within community schemes.
Understanding the Property Practitioners Regulatory Authority (PPRA) in South Africa
The Property Practitioners Regulatory Authority (PPRA) is the body that regulates the property industry in South Africa. It plays a pivotal role in ensuring trust, fairness, and transparency in this property market.
Creating a sectional title scheme
Create a sectional title by checking the municipal bylaws first, getting a conveyancing attorney involved and a town planner.
Landlord Insurance: Protecting Your Rental Investments
Landlord insurance is specifically tailored to landolords. It includes rental insurance, landlord liability and malicious damage.
Transform Your Property into a Profitable Commune
Many municipalities require the property to be rezoned or a special license/permit be obtained. You need to adjust your property commune needs, such as adding extra bathrooms and adding an extra fridge. You will also need a marketing plan, tenant screening and insurance in place.
How to Register Your Property for NSFAS for Student Accommodation
Registration involves creating an account, verifying details, submitting property information, and paying a fee. Compliance with BEE standards and specific documentation is required. The platform aids in managing leases and payments efficiently.
Rental Deposits – Tenant and Landlords
At the end of the lease, tenants have the right to receive their deposit back, provided they’ve met all the conditions of the rental agreement.
What is a Personal Service Provider (PSP) and How Do I Qualify?
Personal Service Provider (PSP). Personal Service Providers (PSP) are people, who would have, under normal circumstances, be seen as employees – but invoice through a company.
Brokstock vs EasyEquities
Brokstock and EasyEquities both offer stocks and ETFs. What are the fees, investment options, account minimums, and platform features? Brokstock is noted for its transparent, low-cost structure, while EasyEquities offers a broader range of investment options, including fractional shares and cryptocurrency.
How to Evict a Tenant Legally in South Africa
Evicting a tenant in South Africa requires strict adherence to legal procedures as governed by various acts, such as the PIE Act and the Rental Housing Act. Valid reasons for eviction include non-payment of rent, lease breaches, and disruptive behavior. The process involves serving an eviction notice, applying for a court order, and possibly involving a sheriff to enforce it. Consulting an eviction lawyer is advisable to avoid legal complications.
How To Use Asset Depreciation to Claim Tax Back
Depreciation is a tax deduction that allows businesses and property owners to recover the cost of tangible assets used to generate income over time in South Africa
Subletting
When tenants rent out all or part of a property they’re currently leasing to a third party. This third party, known as the subtenant, pays rent to the original tenant rather than directly to the landlord.
Section 7c Of The Income Tax Act – Trusts and Property Transfers
The introduction of Income Tax Act No. 58 of 1962, section 7C in the Income Tax Act has changed the landscape of trust-based estate and asset protection strategies in South Africa. Prior to Section 7 C, transferring an investment property from your name into a trust has been doable with interest free loans. However, Section […]
The best 32-Day Notice Accounts in South Africa
A 32-day notice account is a popular savings product in South Africa, offering a balance between accessibility and higher interest rates. Requiring a 32-day notice before fund withdrawal. Which 32 day notice account is the best?
The Two pot retirement system – what you need to know
In a significant overhaul of its retirement savings landscape, South Africa has introduced the two pot retirement system, set to take effect on 1 September 2024.
How to Become a Real Estate Agent in South Africa
Becoming a real estate agent requires you to be elegible, as well as do a one year internship. You will be required to register with the PPRA.
How to remove a partner from a mortgage
In short, you will need to apply for a new home loan or sell the property.
A Review of Maboneng in Johannesburg
Maboneng in Johannesburg is an urban renewal project located on the eastern side of Johannesburg’s central business district. With artist studios, galleries, offices, and restaurants, setting the tone for the entire Maboneng precinct, it is definitely a place worth a visit.
Refinancing Your Rental Property: A Strategic Approach to Maximizing Returns
Refinancing, or reappllying for a new loan/term at the current property value allows for freeing up cash and lowering monthly repayments