I come from a family that has always believed that property is a good investment.
Marius Fenwick Profile Mail The only way that an investment property makes sense is to bond it. Why do I say this? A mistake that’s often made is to take the sales value of a property and calculate the return by merely comparing that to the purchase price. All other costs are ignored. Once the peripheral costs like bond interest, maintenance, rates and taxes, levies, insurance and so on are taken into consideration, residential property rarely provides a return ahead of inflation.
The opposite principle applies to your primary residence where a cash purchase is preferred due to the cost of financing over an extended period. When bonded over a 25-year period your repayment increases your actual cost of the property threefold.Investment income is fully taxable. This means that your total rental income will be considered taxable income.
It is important to note that Sars will only allow expenses to exceed income for a limited period of between three and five years, depending on your motivation of why expenses exceed income.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Siyavutha brings value of property investment to ordinary folkSiyavutha Property Stokvel was formed in 2021 and is aimed at addressing economic transformation by enabling ordinary members of the community to unite and invest in commercial real estate.
Источник: SowetanLIVE - 🏆 13. / 63 Прочитайте больше »
Market data — July 12 2022Market data including bonds and fuel prices
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »
Market data — July 13 2022Market data including bonds and fuel prices
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »