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
Hi, my courtyard is part of my section registered in the deeds office and is separated by a 2m high wall from the adjacent section’s courtyard. Without consulting me the next door owner has raised this wall by four rows of bricks and intends to
Hi there, I own a sectional title unit that has two patios - one from my lounge, and the other from my bedroom. I do not use the bedroom patio and would like to enclose it with glass sliding doors, requiring zero structural work. But
Some 11% fewer homes were transferred in Q3 2016, compared to Q3 2015, which translates into a market where buyers just cannot afford to purchase the homes listed on the market. Tenants have also been forced to rent for longer due to a lack of
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
Buyers paying between R362,873 and R664,093 are most highly dependent on receiving 100% bonds to be able to afford their new home purchases. In fact, more than two thirds (62.28%) of loans in Q4 2016 in this purchasing price band received 100% and higher bonds.
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