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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What is Gearing in Real Estate?

What is Gearing? De Waal says the term gearing is the same as using other people’s money to invest. Gearing is thus your own investment with a multiple to achieve that 171% growth. Let’s say you to any of the top financial institution and you decide that you want to buy shares. Even their own …

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Creative Property Finance

Creative property finance. If you have R35,000, or even R18,800 available, you can buy a property through the Rent2buy Finance product. A deposit of R35,000 can secure you a property to the value of R1m, and a deposit of just R18,800 can get your foot in the door with a property valued at R550,000, says …

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Buying Property Shares

Buying Shares. If you have R35,000 available to invest and you consider buying shares, you can buy them on the stock market directly or through a broker. The best advice would be to find an experienced broker to assist you with research and investment. The problem is that R35,000 only buys you shares to the …

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An Affordable Way to Invest in Property

An Affordable Way to Invest in Property Can you invest in property if you only have R35,000 available? The answer is yes. There is a well-known concept used by seasoned investors called OPM, or other people’s money. There is no need to think that you need to amass a small fortune before you can start …

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