My partner and I are in a process of buying a flat in Pretoria using our company name. The seller has given early occupancy and key handover with no rent, passing all responsibilities on the property to the buyer (our company) as from 8 December
Remember to stop your vehicle just on the inside of the gate and select reverse while waiting for the gate to close. This creates confusion and may buy you a few seconds for the gate to close completely behind you.
It has become increasingly difficult to
Hi, my question relates to the claims against rental income article published previously. We were told by our tax guy that we could not claim back expenses such as levies, rates and taxes and gardening service. Therefore, in the last tax year we had to
I have a situation where a landlord – who has several properties that I rent out on her behalf - wants me to draw up lease agreements for two tenants in a property she has almost bought (transfer has not yet gone through). She is
It is not always physically possible to inspect a property before tenants move in and sometimes they have just moved in when the inspection is done. Does this make a big difference?
I am of the view that it is essential for the parties to conduct
Business tip of the day
Research your market continually. Visit and shop at your competitors. Ask your customers as well as your competitors’ customers what they like and don't like at the respective businesses. Use this insider knowledge to develop your niche to be as strong
The average purchase price between Q4 2015 and Q4 2016 showed positive nominal (including consumer price inflation) growth of 7.1%; while nominal quarter-on-quarter growth from Q3 to Q4 2016 confirms that growth in the property market has slowed significantly.
This is according to Rhys Dyer, bond
Average loan-to-purchase price recorded 88.5% in Q4 2016. This means, across the entire market using deeds office data for natural persons applying for mortgage finance, 11.5% of the purchase price was not supplied by the bank.
The 100% bond, however, is more common than many may
In April the Western Cape will play host to The Property Buyer Show, a first of its kind exhibition aimed at first-time residential buyers and property investors looking to expand their portfolio. This innovative exhibition is designed to walk buyers through the property buying process
In recent weeks my practice has had some queries regarding medical deductions and what deductions are allowed to be claimed especially regarding expenses for dependents and dependents with disabilities
Some definitions as quoted in the Income Tax Act of 1962 are shown below for further clarity