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If you are looking to buy a ‘second property’ based solely on the strength of the potential rental income of that property. Think again. Generally banks will not lend you
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Be a lawyer they said! It will be fun they said! You will be rich they said! The legal profession is tough and will demand every inch of your soul.Here’s
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Buying a new development to avoid transfer duty? The simple answer is generally, no. Your first question should always be: Does it meet the Property Investment Principles? (pinned tweet)Here’s a
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South African’s (living in SA) are taxed on all their income generated worldwide subject to certain exclusions and deductibles - residency based system. Expenses incurred in the production of income
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Focus on building good money habits long term: - paying your debts on time - paying extra when you can- cutting unnecessary expenses - not making impulsive purchases - saving
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Ingabe ufuna ukuba umastandi? My experience when building my 1st ‘ama room’: - Location (easy access to public transport, safe passage, security) - Property Purchase Price- Funding (banks are unlikely
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Budgeting Tips:1. Be Consistent2. Budget Early3. Allocate discretionary spend into a separate ACCOUNT4. Review 5. Be HONEST 1. Being consistent means doing a budget every month even though income and
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Thinking of getting married? Before sithungisa ma matching outfit. Have you considered the impact of your marraige regime on your property rights? [Thread] Getting married can be quiet a stressful
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Property Stokvels, my thoughts Short answer: A property stokvel is made up of a group of people that have decided to pool together money in order to acquire income generating
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