Attorneys take the lead

Attorneys take the lead According to a recent IOL Property news report, Trade and industry minister, Rob Davies, announced that the Amended Property Sector Code had become binding on entities and organizations operating in the property sector. binding Davies approved the gazetting of the Amended Property Sector Code in terms of Section 9 of the …

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Latest Property Technology

Latest Property Technology Our focus is on using the latest property technology to make the whole buying and selling process quick, easy and convenient. Attorney Realtor members will have access to service level agreements with property technology companies that add a great amount of value. An example is to give anyone interested in a property …

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Key benefits of the Attorney Realtors

Key benefits of the Attorney Realtors. The key benefits of the Attorney Realtors selling properties are: Only cash or prequalified buyers are introduced to sellers. First-time home buyers receive free guidance, assistance and education in the process of buying a property and applying for a home loan. Whether you want to sell your residential property …

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Owning your house through a Trust

Owning your house through a Trust. A common question is whether it makes sense for your company or your family trust to be the owner of your home. This is a very complex area of legislation that is currently under review and is in a state of flux. Burman recommends you consult an expert who …

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Home-based businesses

Home-based businesses and capital gains. Whether you want to sell your residential property or buy a new real estate investment, a house or an apartment, your Property Angel is here to help you find your dynamic home. Property Angels – Real Estate Sold If a homeowner carried on a profitable business from the property and …

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Secondary properties

Secondary properties and Capital Gains It is important for homeowners to bear in mind that only one house may be regarded as a primary residence. Therefore if the property disposed of by the Smiths was their weekend holiday home, SARS would not regard this as their primary residence. They would be unable to claim the …

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Primary Residence Exclusion

Primary Residence Exclusion Certain exclusions within the Income Tax Act provide for some tax relief This is when it comes to the disposal of a primary residence by a natural person, says Burman. Where the selling price of the property is less than R2 million the entire capital gain or loss must be excluded for …

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Property Tax implications

Property tax implications. The decision to sell your home is a big one, and generally involves both emotional and financial factors. Often it coincides with a change in circumstances. This can be new job requiring relocation, a baby on the way, or perhaps children leaving the nest. The reasons for selling your home are many …

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