“As it turns out, now is the
moment you've been waiting for.”
Lucinda Williams |
It is advisable to keep at least a copy of your updated will
and insurance contracts at your attorney’s office in securities.
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Making
the Most of Your Property
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Jason
Lee has published his 2008 updated edition of Making Money out of Property in South Africa. The book covers a wide field and includes legal
advice. It contains many useful and practical
suggestions whether you are buying or have bought to sell or to let. |
He was
assisted in the section on Property Tax by KPMG. It
deals with Transfer Duty, Stamp Duty, VAT, Income Tax, Capital Gains Tax and Tax
Incentives.
We do not
get paid to endorse the book but believe you should read it. It is for the first time home owner as well as the
seasoned property speculator or investor. Pam Golding says of the book amongst other
things that ”….one is never to old to
learn a few new tricks, which is why reading this book has been such a delight.”
The author clearly has
a legal background but has a passion for earning income from property. He explains that you do not need money to make
money. Then he assists one in preparing to
make a case for financing and negotiating with the bank.
The use of trusts,
companies, close corporations and property investment clubs in property transactions is
explained in easy language.
If you’ve missed any of our
other newsletters
Please
click on the title you’re interested in:
Barnard
Labuschagne Inc Registration No. 1999/015298/21 t/a Ettienne Barnard Attorneys |
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Disclaimer
Added Legal Value is provided for general
information and networking purposes. Its
publishers accept no liability for damages, errors or omissions. For professional advice or to properly protect your
rights, please consult a qualified legal practitioner.
Copyright
This letter may be forwarded in unaltered
form to willing recipients. It, its name,
concept or content may not otherwise be used, reproduced, redistributed, copied or
imitated.
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