Make Money Using Airbnb in South Africa
Can You Make Money from Renting Out Your Property on Airbnb, Booking.com, and Lekkeslaap? We (Louis Nel) recently bought a property with a granny flat…
Rental Property Taxes in South Africa
Capital gains tax is paid on the proceeds of a property that is sold. Annual tax is paid on rental income. Remember to deduct your…
How to Fire Your Managing Agent Effectively
I own a unit in a sectional title scheme managed by MidCity. We’ve had one annual general meeting (AGM) in the last five years. Even…
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…
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,…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…