-
Setting up a TRUST in South Africa (Step by Step)
Setting up a TRUST in South Africa (Step by Step)
BUY My Property Course here : https://payhip.com/LouisReynhardt
SIGN UP at Seeking Alpha with this link to get a 14 day free trial : https://seekingalpha.me/LouisReynhardt
(If you can spend Hundreds of rands per month on Netflix/ DSTV you might aswell spend it on something usefull like Seeking Alpha)
Join this channel to get access to perks and one on one sessions:
https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw/join
If you enjoyed the video, please share it with your friends.
SUBSCRIBE TO MY CHANNEL : https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw
___________________________________________________________
##Investingproperty #RealEstate #Trust
___________________________________________________________
Connec...
published: 18 Feb 2024
-
How I got a loan in a TRUST in South Africa
BUY My Property Course here : https://payhip.com/LouisReynhardt
How I got a loan in a TRUST in South Africa
SIGN UP at Seeking Alpha with this link to get a 14 day free trial : https://seekingalpha.me/LouisReynhardt
(If you can spend Hundreds of rands per month on Netflix/ DSTV you might aswell spend it on something usefull like Seeking Alpha)
Join this channel to get access to perks and one on one sessions:
https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw/join
If you enjoyed the video, please share it with your friends.
SUBSCRIBE TO MY CHANNEL : https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw
___________________________________________________________
#PROPERTYINVESTING #REALESTATE #SOUTHAFRICAPROPERTY
___________________________________________________________
C...
published: 21 Jan 2024
-
Buying Property in a Trust | Prosperity Enterprises
Buying Property in a Trust | Prosperity Enterprises
Here’s a direct link to Prosperity Enterprises :https://prosperityenterprises.co.za/
If you enjoyed the video, please share it with your friends.
SUBSCRIBE TO MY CHANNEL : https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw
___________________________________________________________
LET ME KNOW IF THERE IS ANY SPECIFIC FINANCIAL VIDEOS YOU WOULD LIKE ME TO DO NEXT!!!!
#PROPERTYTRUST #PROPERTYENTITY #PROPERTYINVESTMENTS
___________________________________________________________
Connect with me:
Instagram 📸: @LouisReynhardt
DISCLAIMER: I`m not a financial advisor and hence the content of these videos are for educational and entertainment purposes only. Investing is a risk related practice and should be approached carefully...
published: 21 Dec 2022
-
How To Setup A Trust Fund In South Africa: A Step-By-Step Guide!
Welcome to the channel! In this video, we dive deep into the intricate process of setting up a trust fund in the unique and dynamic landscape of South Africa. Whether you're planning for your family's future, safeguarding assets, or ensuring a smooth wealth transition, understanding the nuances of trust fund creation is crucial.
🌍 South Africa Trust Fund Setup Guide Highlights:
Legal Framework: Navigate the legal requirements specific to South Africa for a seamless trust fund establishment.
Step-by-Step Process: We break down the entire process into manageable steps, empowering you to take control of your financial future.
Investment Strategies: Explore smart investment strategies tailored to the South African market, maximizing the growth potential of your trust fund.
Tax Considerati...
published: 30 Nov 2023
-
Moving assets into a trust | Anneline Lamond | Talking Point 09/03/2022
This week, Anneline Lamond discusses why your assets should be in a trust, and how to go about moving your personal assets into a trust.
Read the Times article on this topic here: https://bit.ly/3CmKgz3
To register for our FREE online training, visit https://bit.ly/34oTHBm
#property #realestate #house #investment #realtor #realestateagent #propertymanagement #propertyinvestment #business #propertybusiness #ppa #home #trusts #estate #estateplanning #deathcosts #deathtaxes #legacy #wealthprotection #wealthcreation
published: 09 Mar 2022
-
Should I Buy My Property Under A Trust In South Africa (Youtube Live)
Are you considering the benefits of purchasing real estate under a trust?
🏠 Why Buy Real Estate Under a Trust?
Buying property under a trust is a strategic move that allows you to hold assets in the name of a trust entity. This approach offers various perks, including streamlined estate transfer, potential tax benefits, and the ability to protect your assets from legal complications.
🔑 Key Steps in the Process:
Trust Selection: Learn about different trust types, such as revocable living trusts and irrevocable trusts, to choose the one that aligns with your financial goals and family dynamics.
Trust Creation: Understand how to draft a trust document that outlines the terms of property management, beneficiary rights, and trustee responsibilities.
Trustee Appointment: Discover the importan...
published: 11 Aug 2023
-
Buying property in a Trust: All your questions answered.
In this video, Phia van der Spuy, author of Demystifying Trusts in South Africa, discusses Buying property in a Trust: All your questions answered on a webinar hosted on 14 July 2022.
If you would like to contact Jan L Jordaan Inc. you can do so at the following: 011 748 4500 or email estates@janljordaan.co.za
At Jan L Jordaan Inc. we specialize in the transfer of properties, registration of bonds, cancellation of bonds, administration of deceased estates, deceased estates property transfers, wills, antenuptial contracts, and change of marital status.
published: 15 Jul 2022
-
Should I buy a property in a company, a trust or in my personal name?
Should I pay myself a salary, a dividend or draw down on my loan account? Vital information for ALL entrepreneurs. https://www.youtube.com/watch?v=8pTbp7y314I
In the first scenario the property in owned your personal name. If you live in the property it is considered to be your primary residence. This is good news from a tax perspective, as the first R2m of profit you make on the sale is exempt from Capital Gains Tax. However, this exemption does not apply to second properties you own in your personal name as they are deemed to be investment properties and will be taxed at 18% CGT when you sell it. This is still less than the 22% CGT if the property was held by a company.
Another important tax consideration for homeowners is the tax deductibility of bond interest. If you live in the pro...
published: 11 Jul 2023
-
Trust me, it wont hurt
and at first it, well... just watch
#trustme #dundee #scotland #southafrica #usa #theworld #viral #viralvideo #itsoktolaugh #makeadifference
published: 20 Feb 2024
-
What is a Trust? | Benefits of Using a Trust to Own Shares in a Company | LegalVision
There are many advantages to owning shares in a company through a trust, including tax planning and asset protection benefits.
Watch this video to learn about what a trust is and why you should considering having one if you run a business.
If you have any questions, call LegalVision on 1300 544 755 or visit us at https://legalvision.com.au
#trust, #trustfund, #familytrust, #trust funds, #familytrusts, #trustee, #beneficiaries
published: 15 Sep 2019
13:08
Setting up a TRUST in South Africa (Step by Step)
Setting up a TRUST in South Africa (Step by Step)
BUY My Property Course here : https://payhip.com/LouisReynhardt
SIGN UP at Seeking Alpha with this link to...
Setting up a TRUST in South Africa (Step by Step)
BUY My Property Course here : https://payhip.com/LouisReynhardt
SIGN UP at Seeking Alpha with this link to get a 14 day free trial : https://seekingalpha.me/LouisReynhardt
(If you can spend Hundreds of rands per month on Netflix/ DSTV you might aswell spend it on something usefull like Seeking Alpha)
Join this channel to get access to perks and one on one sessions:
https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw/join
If you enjoyed the video, please share it with your friends.
SUBSCRIBE TO MY CHANNEL : https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw
___________________________________________________________
##Investingproperty #RealEstate #Trust
___________________________________________________________
Connect with me:
Instagram : @LouisReynhardt
Twitter : @LouisReynhardt
DISCLAIMER: I`m not a financial advisor and hence the content of these videos are for educational and entertainment purposes only. Investing is a risk related practice and should be approached carefully.
https://wn.com/Setting_Up_A_Trust_In_South_Africa_(Step_By_Step)
Setting up a TRUST in South Africa (Step by Step)
BUY My Property Course here : https://payhip.com/LouisReynhardt
SIGN UP at Seeking Alpha with this link to get a 14 day free trial : https://seekingalpha.me/LouisReynhardt
(If you can spend Hundreds of rands per month on Netflix/ DSTV you might aswell spend it on something usefull like Seeking Alpha)
Join this channel to get access to perks and one on one sessions:
https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw/join
If you enjoyed the video, please share it with your friends.
SUBSCRIBE TO MY CHANNEL : https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw
___________________________________________________________
##Investingproperty #RealEstate #Trust
___________________________________________________________
Connect with me:
Instagram : @LouisReynhardt
Twitter : @LouisReynhardt
DISCLAIMER: I`m not a financial advisor and hence the content of these videos are for educational and entertainment purposes only. Investing is a risk related practice and should be approached carefully.
- published: 18 Feb 2024
- views: 11756
8:34
How I got a loan in a TRUST in South Africa
BUY My Property Course here : https://payhip.com/LouisReynhardt
How I got a loan in a TRUST in South Africa
SIGN UP at Seeking Alpha with this link to get a 1...
BUY My Property Course here : https://payhip.com/LouisReynhardt
How I got a loan in a TRUST in South Africa
SIGN UP at Seeking Alpha with this link to get a 14 day free trial : https://seekingalpha.me/LouisReynhardt
(If you can spend Hundreds of rands per month on Netflix/ DSTV you might aswell spend it on something usefull like Seeking Alpha)
Join this channel to get access to perks and one on one sessions:
https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw/join
If you enjoyed the video, please share it with your friends.
SUBSCRIBE TO MY CHANNEL : https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw
___________________________________________________________
#PROPERTYINVESTING #REALESTATE #SOUTHAFRICAPROPERTY
___________________________________________________________
Connect with me:
Instagram : @LouisReynhardt
Twitter : @LouisReynhardt
DISCLAIMER: I`m not a financial advisor and hence the content of these videos are for educational and entertainment purposes only. Investing is a risk related practice and should be approached carefully.
https://wn.com/How_I_Got_A_Loan_In_A_Trust_In_South_Africa
BUY My Property Course here : https://payhip.com/LouisReynhardt
How I got a loan in a TRUST in South Africa
SIGN UP at Seeking Alpha with this link to get a 14 day free trial : https://seekingalpha.me/LouisReynhardt
(If you can spend Hundreds of rands per month on Netflix/ DSTV you might aswell spend it on something usefull like Seeking Alpha)
Join this channel to get access to perks and one on one sessions:
https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw/join
If you enjoyed the video, please share it with your friends.
SUBSCRIBE TO MY CHANNEL : https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw
___________________________________________________________
#PROPERTYINVESTING #REALESTATE #SOUTHAFRICAPROPERTY
___________________________________________________________
Connect with me:
Instagram : @LouisReynhardt
Twitter : @LouisReynhardt
DISCLAIMER: I`m not a financial advisor and hence the content of these videos are for educational and entertainment purposes only. Investing is a risk related practice and should be approached carefully.
- published: 21 Jan 2024
- views: 42899
23:02
Buying Property in a Trust | Prosperity Enterprises
Buying Property in a Trust | Prosperity Enterprises
Here’s a direct link to Prosperity Enterprises :https://prosperityenterprises.co.za/
If you enjoyed the vi...
Buying Property in a Trust | Prosperity Enterprises
Here’s a direct link to Prosperity Enterprises :https://prosperityenterprises.co.za/
If you enjoyed the video, please share it with your friends.
SUBSCRIBE TO MY CHANNEL : https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw
___________________________________________________________
LET ME KNOW IF THERE IS ANY SPECIFIC FINANCIAL VIDEOS YOU WOULD LIKE ME TO DO NEXT!!!!
#PROPERTYTRUST #PROPERTYENTITY #PROPERTYINVESTMENTS
___________________________________________________________
Connect with me:
Instagram 📸: @LouisReynhardt
DISCLAIMER: I`m not a financial advisor and hence the content of these videos are for educational and entertainment purposes only. Investing is a risk related practice and should be approached carefully.
https://wn.com/Buying_Property_In_A_Trust_|_Prosperity_Enterprises
Buying Property in a Trust | Prosperity Enterprises
Here’s a direct link to Prosperity Enterprises :https://prosperityenterprises.co.za/
If you enjoyed the video, please share it with your friends.
SUBSCRIBE TO MY CHANNEL : https://www.youtube.com/channel/UC0KdADUZPAG7xznHYxNA2Pw
___________________________________________________________
LET ME KNOW IF THERE IS ANY SPECIFIC FINANCIAL VIDEOS YOU WOULD LIKE ME TO DO NEXT!!!!
#PROPERTYTRUST #PROPERTYENTITY #PROPERTYINVESTMENTS
___________________________________________________________
Connect with me:
Instagram 📸: @LouisReynhardt
DISCLAIMER: I`m not a financial advisor and hence the content of these videos are for educational and entertainment purposes only. Investing is a risk related practice and should be approached carefully.
- published: 21 Dec 2022
- views: 16378
9:10
How To Setup A Trust Fund In South Africa: A Step-By-Step Guide!
Welcome to the channel! In this video, we dive deep into the intricate process of setting up a trust fund in the unique and dynamic landscape of South Africa. W...
Welcome to the channel! In this video, we dive deep into the intricate process of setting up a trust fund in the unique and dynamic landscape of South Africa. Whether you're planning for your family's future, safeguarding assets, or ensuring a smooth wealth transition, understanding the nuances of trust fund creation is crucial.
🌍 South Africa Trust Fund Setup Guide Highlights:
Legal Framework: Navigate the legal requirements specific to South Africa for a seamless trust fund establishment.
Step-by-Step Process: We break down the entire process into manageable steps, empowering you to take control of your financial future.
Investment Strategies: Explore smart investment strategies tailored to the South African market, maximizing the growth potential of your trust fund.
Tax Considerations: Understand the tax implications associated with trust funds in South Africa and learn how to optimize your financial planning.
Practical Tips: Benefit from practical tips and insights to make informed decisions throughout the trust fund setup journey.
🤝 Join us as we demystify the complexities, offering valuable insights to empower you on your financial journey. Whether you're a seasoned investor or just starting, this guide is tailored to meet you where you are in your financial planning.
🔔 Subscribe & Stay Informed:
If you found this guide helpful, consider subscribing for more in-depth financial insights, investment strategies, and wealth-building tips.
This video is for educational purposes only and does not constitute financial advice. Consult with a professional advisor for personalized guidance tailored to your specific circumstances.
👍 Like, share, and comment below with your questions or topics you'd like us to cover in future videos. Let's build financial success together!
#TrustFundSA #SouthAfricaFinance #EstatePlanning #FinancialFreedomSA #InvestmentStrategiesZA #WealthBuildingSA #LegalFinance #TaxPlanningSA #FinancialEducation #SmartInvestingSA #LegacyPlanning #FinancialEmpowerment #PersonalFinanceZA #FinancialSuccess #MoneyManagementSA #SouthAfricanWealth #AssetProtectionSA #FamilyWealth #TaxEfficientInvesting #SecureYourFuture #FinancialLiteracySA #MoneyMattersZA #FiduciaryDuty #GenerationalWealthSA #WealthTransferSA
#TrustFundSA #SouthAfricaFinance #EstatePlanning #FinancialFreedomSA #InvestmentStrategiesZA #WealthBuildingSA #LegalFinance #TaxPlanningSA #FinancialEducation #SmartInvestingSA #LegacyPlanning #FinancialEmpowerment #PersonalFinanceZA #FinancialSuccess #MoneyManagementSA #SouthAfricanWealth #AssetProtectionSA #FamilyWealth #TaxEfficientInvesting #SecureYourFuture #FinancialLiteracySA #MoneyMattersZA #FiduciaryDuty #GenerationalWealthSA #WealthTransfer
https://wn.com/How_To_Setup_A_Trust_Fund_In_South_Africa_A_Step_By_Step_Guide
Welcome to the channel! In this video, we dive deep into the intricate process of setting up a trust fund in the unique and dynamic landscape of South Africa. Whether you're planning for your family's future, safeguarding assets, or ensuring a smooth wealth transition, understanding the nuances of trust fund creation is crucial.
🌍 South Africa Trust Fund Setup Guide Highlights:
Legal Framework: Navigate the legal requirements specific to South Africa for a seamless trust fund establishment.
Step-by-Step Process: We break down the entire process into manageable steps, empowering you to take control of your financial future.
Investment Strategies: Explore smart investment strategies tailored to the South African market, maximizing the growth potential of your trust fund.
Tax Considerations: Understand the tax implications associated with trust funds in South Africa and learn how to optimize your financial planning.
Practical Tips: Benefit from practical tips and insights to make informed decisions throughout the trust fund setup journey.
🤝 Join us as we demystify the complexities, offering valuable insights to empower you on your financial journey. Whether you're a seasoned investor or just starting, this guide is tailored to meet you where you are in your financial planning.
🔔 Subscribe & Stay Informed:
If you found this guide helpful, consider subscribing for more in-depth financial insights, investment strategies, and wealth-building tips.
This video is for educational purposes only and does not constitute financial advice. Consult with a professional advisor for personalized guidance tailored to your specific circumstances.
👍 Like, share, and comment below with your questions or topics you'd like us to cover in future videos. Let's build financial success together!
#TrustFundSA #SouthAfricaFinance #EstatePlanning #FinancialFreedomSA #InvestmentStrategiesZA #WealthBuildingSA #LegalFinance #TaxPlanningSA #FinancialEducation #SmartInvestingSA #LegacyPlanning #FinancialEmpowerment #PersonalFinanceZA #FinancialSuccess #MoneyManagementSA #SouthAfricanWealth #AssetProtectionSA #FamilyWealth #TaxEfficientInvesting #SecureYourFuture #FinancialLiteracySA #MoneyMattersZA #FiduciaryDuty #GenerationalWealthSA #WealthTransferSA
#TrustFundSA #SouthAfricaFinance #EstatePlanning #FinancialFreedomSA #InvestmentStrategiesZA #WealthBuildingSA #LegalFinance #TaxPlanningSA #FinancialEducation #SmartInvestingSA #LegacyPlanning #FinancialEmpowerment #PersonalFinanceZA #FinancialSuccess #MoneyManagementSA #SouthAfricanWealth #AssetProtectionSA #FamilyWealth #TaxEfficientInvesting #SecureYourFuture #FinancialLiteracySA #MoneyMattersZA #FiduciaryDuty #GenerationalWealthSA #WealthTransfer
- published: 30 Nov 2023
- views: 1569
7:10
Moving assets into a trust | Anneline Lamond | Talking Point 09/03/2022
This week, Anneline Lamond discusses why your assets should be in a trust, and how to go about moving your personal assets into a trust.
Read the Times article...
This week, Anneline Lamond discusses why your assets should be in a trust, and how to go about moving your personal assets into a trust.
Read the Times article on this topic here: https://bit.ly/3CmKgz3
To register for our FREE online training, visit https://bit.ly/34oTHBm
#property #realestate #house #investment #realtor #realestateagent #propertymanagement #propertyinvestment #business #propertybusiness #ppa #home #trusts #estate #estateplanning #deathcosts #deathtaxes #legacy #wealthprotection #wealthcreation
https://wn.com/Moving_Assets_Into_A_Trust_|_Anneline_Lamond_|_Talking_Point_09_03_2022
This week, Anneline Lamond discusses why your assets should be in a trust, and how to go about moving your personal assets into a trust.
Read the Times article on this topic here: https://bit.ly/3CmKgz3
To register for our FREE online training, visit https://bit.ly/34oTHBm
#property #realestate #house #investment #realtor #realestateagent #propertymanagement #propertyinvestment #business #propertybusiness #ppa #home #trusts #estate #estateplanning #deathcosts #deathtaxes #legacy #wealthprotection #wealthcreation
- published: 09 Mar 2022
- views: 3090
15:15
Should I Buy My Property Under A Trust In South Africa (Youtube Live)
Are you considering the benefits of purchasing real estate under a trust?
🏠 Why Buy Real Estate Under a Trust?
Buying property under a trust is a strategic mov...
Are you considering the benefits of purchasing real estate under a trust?
🏠 Why Buy Real Estate Under a Trust?
Buying property under a trust is a strategic move that allows you to hold assets in the name of a trust entity. This approach offers various perks, including streamlined estate transfer, potential tax benefits, and the ability to protect your assets from legal complications.
🔑 Key Steps in the Process:
Trust Selection: Learn about different trust types, such as revocable living trusts and irrevocable trusts, to choose the one that aligns with your financial goals and family dynamics.
Trust Creation: Understand how to draft a trust document that outlines the terms of property management, beneficiary rights, and trustee responsibilities.
Trustee Appointment: Discover the importance of selecting a reliable trustee who will manage the property according to the trust's provisions.
Property Purchase: Dive into the details of purchasing a property under the trust's name, and how to transfer ownership effectively.
Managing the Property: Explore how a trustee's role involves property maintenance, rent collection, and adhering to legal obligations.
Beneficiary Benefits: Learn about the rights beneficiaries have to property income and distributions.
📜 Legal Compliance and Expert Guidance:
Buying property under a trust involves legal intricacies and tax considerations. Consulting legal and financial professionals experienced in trust and property law is essential for a smooth and compliant process.
🎥. Watch me Next 🎥
✅ Property Investing Q and A/ Paying off your bond faster/ Error with registering a property - https://youtu.be/084XJWEOf9Y
✅ LOST OUT ON A PROPERTY DEAL - https://youtu.be/_KI1kIdR974
✅ 4 Things EVERYONE Should Know Before Buying A House In South Africa 2023 - https://youtu.be/JjfBwxS10NY
----------------------------------------------
📨. Buy your ticket today: 📬
https://www.quicket.co.za/events/225853-property-investing-mastery/#/
Send us an email at: info@nongwealth.co.za
----------------------------------------------
👇🏽 How We Can Help You 👇🏽
-----------------------------------------------
💻 BOOK A FREE ZOOM MEETING 🖥
Discuss Your Journey and How We Can Help You: https://calendly.com/nong-wealth
______________________________
👨🏽💻. PROPERTY INVESTING COURSE 👨🏽💻
💵 Pricing for the one on one property classes: https://nongwealth.co.za/gallery/Packages%20and%20Pricing.pdf
______________________________
✉︎ Contact Us:
property@nongwealth.co.za
-------------------------------------------------
🚴🏾 FOLLOW US ON:
✆ Instagram: https://www.instagram.com/nongwealth/
✆ Facebook: https://www.facebook.com/nongswealth/
✆ LinkedIn: https://www.linkedin.com/in/nong-wealth-property-575320198/?originalSubdomain=za
✆ Twitter: https://twitter.com/nong_wealth
-------------------------------------------
🪂 Visit us 🪂
https://nongwealth.co.za/
https://wn.com/Should_I_Buy_My_Property_Under_A_Trust_In_South_Africa_(Youtube_Live)
Are you considering the benefits of purchasing real estate under a trust?
🏠 Why Buy Real Estate Under a Trust?
Buying property under a trust is a strategic move that allows you to hold assets in the name of a trust entity. This approach offers various perks, including streamlined estate transfer, potential tax benefits, and the ability to protect your assets from legal complications.
🔑 Key Steps in the Process:
Trust Selection: Learn about different trust types, such as revocable living trusts and irrevocable trusts, to choose the one that aligns with your financial goals and family dynamics.
Trust Creation: Understand how to draft a trust document that outlines the terms of property management, beneficiary rights, and trustee responsibilities.
Trustee Appointment: Discover the importance of selecting a reliable trustee who will manage the property according to the trust's provisions.
Property Purchase: Dive into the details of purchasing a property under the trust's name, and how to transfer ownership effectively.
Managing the Property: Explore how a trustee's role involves property maintenance, rent collection, and adhering to legal obligations.
Beneficiary Benefits: Learn about the rights beneficiaries have to property income and distributions.
📜 Legal Compliance and Expert Guidance:
Buying property under a trust involves legal intricacies and tax considerations. Consulting legal and financial professionals experienced in trust and property law is essential for a smooth and compliant process.
🎥. Watch me Next 🎥
✅ Property Investing Q and A/ Paying off your bond faster/ Error with registering a property - https://youtu.be/084XJWEOf9Y
✅ LOST OUT ON A PROPERTY DEAL - https://youtu.be/_KI1kIdR974
✅ 4 Things EVERYONE Should Know Before Buying A House In South Africa 2023 - https://youtu.be/JjfBwxS10NY
----------------------------------------------
📨. Buy your ticket today: 📬
https://www.quicket.co.za/events/225853-property-investing-mastery/#/
Send us an email at: info@nongwealth.co.za
----------------------------------------------
👇🏽 How We Can Help You 👇🏽
-----------------------------------------------
💻 BOOK A FREE ZOOM MEETING 🖥
Discuss Your Journey and How We Can Help You: https://calendly.com/nong-wealth
______________________________
👨🏽💻. PROPERTY INVESTING COURSE 👨🏽💻
💵 Pricing for the one on one property classes: https://nongwealth.co.za/gallery/Packages%20and%20Pricing.pdf
______________________________
✉︎ Contact Us:
property@nongwealth.co.za
-------------------------------------------------
🚴🏾 FOLLOW US ON:
✆ Instagram: https://www.instagram.com/nongwealth/
✆ Facebook: https://www.facebook.com/nongswealth/
✆ LinkedIn: https://www.linkedin.com/in/nong-wealth-property-575320198/?originalSubdomain=za
✆ Twitter: https://twitter.com/nong_wealth
-------------------------------------------
🪂 Visit us 🪂
https://nongwealth.co.za/
- published: 11 Aug 2023
- views: 1100
1:01:02
Buying property in a Trust: All your questions answered.
In this video, Phia van der Spuy, author of Demystifying Trusts in South Africa, discusses Buying property in a Trust: All your questions answered on a webinar ...
In this video, Phia van der Spuy, author of Demystifying Trusts in South Africa, discusses Buying property in a Trust: All your questions answered on a webinar hosted on 14 July 2022.
If you would like to contact Jan L Jordaan Inc. you can do so at the following: 011 748 4500 or email estates@janljordaan.co.za
At Jan L Jordaan Inc. we specialize in the transfer of properties, registration of bonds, cancellation of bonds, administration of deceased estates, deceased estates property transfers, wills, antenuptial contracts, and change of marital status.
https://wn.com/Buying_Property_In_A_Trust_All_Your_Questions_Answered.
In this video, Phia van der Spuy, author of Demystifying Trusts in South Africa, discusses Buying property in a Trust: All your questions answered on a webinar hosted on 14 July 2022.
If you would like to contact Jan L Jordaan Inc. you can do so at the following: 011 748 4500 or email estates@janljordaan.co.za
At Jan L Jordaan Inc. we specialize in the transfer of properties, registration of bonds, cancellation of bonds, administration of deceased estates, deceased estates property transfers, wills, antenuptial contracts, and change of marital status.
- published: 15 Jul 2022
- views: 7198
7:39
Should I buy a property in a company, a trust or in my personal name?
Should I pay myself a salary, a dividend or draw down on my loan account? Vital information for ALL entrepreneurs. https://www.youtube.com/watch?v=8pTbp7y314I
I...
Should I pay myself a salary, a dividend or draw down on my loan account? Vital information for ALL entrepreneurs. https://www.youtube.com/watch?v=8pTbp7y314I
In the first scenario the property in owned your personal name. If you live in the property it is considered to be your primary residence. This is good news from a tax perspective, as the first R2m of profit you make on the sale is exempt from Capital Gains Tax. However, this exemption does not apply to second properties you own in your personal name as they are deemed to be investment properties and will be taxed at 18% CGT when you sell it. This is still less than the 22% CGT if the property was held by a company.
Another important tax consideration for homeowners is the tax deductibility of bond interest. If you live in the property, the bond interest is not tax deductible. But, if you choose to rent out your investment property, you are able to deduct the bond interest as well as other costs such as insurance, rental agent fees, and rates as expenses. The net rental income is then added to your personal income (salary included) and taxed at your marginal income tax rate. It is a good idea to ascertain which ownership entity is more tax efficient; your personal capacity or a company.
Given these considerations, if you own only one property which is your primary residence, it may be beneficial to register the property in your personal name to take advantage of the R2 million CGT exemption when you sell the property.
2. Company
The second scenario is to own a property in a company. The first benefit is that of limited liability which means that your assets are separated from your personal liabilities. This protects the property from unforeseen financial events such as insolvency as the property cannot be attached by the courts as it is held in a separate legal entity and not in your personal capacity. However if you have signed personal surety or are the shareholder of the company owning the property this protection falls away. This is where the company shareholding of a Trust can play a role but more on that later.
If the company is VAT registered you can claim back the transfer fees for commercial, industrial and short-term rental properties (maximum of 20 days), but not for residential properties. Additionally, if the property is newly built and bought from a VAT registered developer, there is no transfer duty as by law it must be included in the purchase price. I must mention that when buying from a VAT registered developer the transfer fee exemption applies to all three forms of ownership.
There are other tax incentives specifically for companies such as Section 13sex and the Urban Development Zone which are designed to encourage investment in new property developments. These can be very beneficial for the investor as it can increase the ROI by 3.5% or put other way; over a ten-year period 55% of the value of property is exempt from taxable income which effectively means you get 23% of the property for free, but these benefits only apply if you meet their criteria and the property is held in a company.
More sophisticated investors who take a long-term view, structure their property portfolio in such a way that their company owns the properties and the shareholding of the company is held by a Trust. This structure ensures that the properties are not part of the individual’s estates, which can be beneficial from an estate planning perspective as it does not attract so called inheritance tax. The downside is that these structures are more costly to maintain especially in terms of accounting fees.
There is further complexity to property ownership in a company which relates to getting the money out of the company and into your name. This can be done in one of four ways namely; Loan accounts, dividends, salaries or a combination of the three. This is vital information that every business owner must understand. I have made a separate video on this topic and left a link in the description.
The alternative is to keep the profits in the company and continue to purchase more properties. Once you have reached this level of investing, tax efficiency plays a greater role in your investment strategy.
Assuming you are fortunate enough to own multiple properties, it can be hugely beneficial to own them all in the same company. You can now push all related expenses through this business which in turn lowers the tax liability. In addition to the previously mentioned tax incentives, the company may also qualify for the small business tax incentive provided you meet the SARS criteria and the properties are not residential in nature. So, if you're looking for a tax-efficient way to own multiple investment properties, the company option may be worth considering.
https://wn.com/Should_I_Buy_A_Property_In_A_Company,_A_Trust_Or_In_My_Personal_Name
Should I pay myself a salary, a dividend or draw down on my loan account? Vital information for ALL entrepreneurs. https://www.youtube.com/watch?v=8pTbp7y314I
In the first scenario the property in owned your personal name. If you live in the property it is considered to be your primary residence. This is good news from a tax perspective, as the first R2m of profit you make on the sale is exempt from Capital Gains Tax. However, this exemption does not apply to second properties you own in your personal name as they are deemed to be investment properties and will be taxed at 18% CGT when you sell it. This is still less than the 22% CGT if the property was held by a company.
Another important tax consideration for homeowners is the tax deductibility of bond interest. If you live in the property, the bond interest is not tax deductible. But, if you choose to rent out your investment property, you are able to deduct the bond interest as well as other costs such as insurance, rental agent fees, and rates as expenses. The net rental income is then added to your personal income (salary included) and taxed at your marginal income tax rate. It is a good idea to ascertain which ownership entity is more tax efficient; your personal capacity or a company.
Given these considerations, if you own only one property which is your primary residence, it may be beneficial to register the property in your personal name to take advantage of the R2 million CGT exemption when you sell the property.
2. Company
The second scenario is to own a property in a company. The first benefit is that of limited liability which means that your assets are separated from your personal liabilities. This protects the property from unforeseen financial events such as insolvency as the property cannot be attached by the courts as it is held in a separate legal entity and not in your personal capacity. However if you have signed personal surety or are the shareholder of the company owning the property this protection falls away. This is where the company shareholding of a Trust can play a role but more on that later.
If the company is VAT registered you can claim back the transfer fees for commercial, industrial and short-term rental properties (maximum of 20 days), but not for residential properties. Additionally, if the property is newly built and bought from a VAT registered developer, there is no transfer duty as by law it must be included in the purchase price. I must mention that when buying from a VAT registered developer the transfer fee exemption applies to all three forms of ownership.
There are other tax incentives specifically for companies such as Section 13sex and the Urban Development Zone which are designed to encourage investment in new property developments. These can be very beneficial for the investor as it can increase the ROI by 3.5% or put other way; over a ten-year period 55% of the value of property is exempt from taxable income which effectively means you get 23% of the property for free, but these benefits only apply if you meet their criteria and the property is held in a company.
More sophisticated investors who take a long-term view, structure their property portfolio in such a way that their company owns the properties and the shareholding of the company is held by a Trust. This structure ensures that the properties are not part of the individual’s estates, which can be beneficial from an estate planning perspective as it does not attract so called inheritance tax. The downside is that these structures are more costly to maintain especially in terms of accounting fees.
There is further complexity to property ownership in a company which relates to getting the money out of the company and into your name. This can be done in one of four ways namely; Loan accounts, dividends, salaries or a combination of the three. This is vital information that every business owner must understand. I have made a separate video on this topic and left a link in the description.
The alternative is to keep the profits in the company and continue to purchase more properties. Once you have reached this level of investing, tax efficiency plays a greater role in your investment strategy.
Assuming you are fortunate enough to own multiple properties, it can be hugely beneficial to own them all in the same company. You can now push all related expenses through this business which in turn lowers the tax liability. In addition to the previously mentioned tax incentives, the company may also qualify for the small business tax incentive provided you meet the SARS criteria and the properties are not residential in nature. So, if you're looking for a tax-efficient way to own multiple investment properties, the company option may be worth considering.
- published: 11 Jul 2023
- views: 3424
5:17
Trust me, it wont hurt
and at first it, well... just watch
#trustme #dundee #scotland #southafrica #usa #theworld #viral #viralvideo #itsoktolaugh #makeadifference
and at first it, well... just watch
#trustme #dundee #scotland #southafrica #usa #theworld #viral #viralvideo #itsoktolaugh #makeadifference
https://wn.com/Trust_Me,_It_Wont_Hurt
and at first it, well... just watch
#trustme #dundee #scotland #southafrica #usa #theworld #viral #viralvideo #itsoktolaugh #makeadifference
- published: 20 Feb 2024
- views: 43
4:02
What is a Trust? | Benefits of Using a Trust to Own Shares in a Company | LegalVision
There are many advantages to owning shares in a company through a trust, including tax planning and asset protection benefits.
Watch this video to learn about ...
There are many advantages to owning shares in a company through a trust, including tax planning and asset protection benefits.
Watch this video to learn about what a trust is and why you should considering having one if you run a business.
If you have any questions, call LegalVision on 1300 544 755 or visit us at https://legalvision.com.au
#trust, #trustfund, #familytrust, #trust funds, #familytrusts, #trustee, #beneficiaries
https://wn.com/What_Is_A_Trust_|_Benefits_Of_Using_A_Trust_To_Own_Shares_In_A_Company_|_Legalvision
There are many advantages to owning shares in a company through a trust, including tax planning and asset protection benefits.
Watch this video to learn about what a trust is and why you should considering having one if you run a business.
If you have any questions, call LegalVision on 1300 544 755 or visit us at https://legalvision.com.au
#trust, #trustfund, #familytrust, #trust funds, #familytrusts, #trustee, #beneficiaries
- published: 15 Sep 2019
- views: 113443