If I understand correctly once your property is paid off you can start to claim is that correct?, what if you own 5 new developments and you start paying them off one after the other can you claim capital for a property that is fully paid for whilst the other 4 are still being paid?
Hi Sir... Hope u are well. I need your advice on what top books should I read to aquire knowledge of property investing. I just bought my first property at the age of 24 which I'm currently renting out but there are some things I would like to know like how to calculate your ROI and stuff like that Thnx Delano
Well done thus far on your journey... Such information would be more understood in a learning environment and we do have a school designed to help you. I have given you a 30 Days free pass to the school - follow the link below. shop.m5propertyvarsity.com/product/30-day-trial-membership
I've been strongly considering tapping in to this tax incentive, but require some clarity on one of the requirements. It states that; "The taxpayer must own at least five residential units. These units do not have to be purchased at the same time, although only once the 5th property has been acquired will the tax incentive come into play." The question is; to what extent is ownership implied here? I currently have bonds for 4 of my rental properties (all bought from new), and looking to acquire a 5th property to qualify for the tax incentive. Am I understanding correctly that I do not have to own the title deeds to these properties, and that I would still qualify for the incentive even if I have bonds for all of them?
great education, i cant believe it's free
I am so glad you are enjoying the content! Please share with people that could benefit from it... ❤️
Thank you Khanya and TJ. Such an information packed session. Thank you all for the education.
Glad you enjoyed it!
love your videos TJ thank you for your time and effort!
respect
Powerful and rich content. You have my subscription Sir.
Thank you! And welcome to the channel!!
Thank you for making this channel and sharing this knowledge 🙏
So nice of you
Thank you, wow I have just learned new ways to build my portfolio
Go for it!!
Woow thanks, Khanya & TJ.
You are welcome!!
Thanks for the insight 😇
TJ can I ask why my copy has not arrived, how long does it take to arrive? I ordered on the 16th and it hasn't arrived.
Depending where you are the courier may take a bit of time - it left our office, its on its way.
If I understand correctly once your property is paid off you can start to claim is that correct?, what if you own 5 new developments and you start paying them off one after the other can you claim capital for a property that is fully paid for whilst the other 4 are still being paid?
you need to consult a tax expect but you are on the right track
Hi Sir... Hope u are well. I need your advice on what top books should I read to aquire knowledge of property investing. I just bought my first property at the age of 24 which I'm currently renting out but there are some things I would like to know like how to calculate your ROI and stuff like that
Thnx Delano
Well done thus far on your journey... Such information would be more understood in a learning environment and we do have a school designed to help you. I have given you a 30 Days free pass to the school - follow the link below.
shop.m5propertyvarsity.com/product/30-day-trial-membership
I've been strongly considering tapping in to this tax incentive, but require some clarity on one of the requirements. It states that;
"The taxpayer must own at least five residential units. These units do not have to be purchased at the same time, although only once the 5th property has been acquired will the tax incentive come into play."
The question is; to what extent is ownership implied here? I currently have bonds for 4 of my rental properties (all bought from new), and looking to acquire a 5th property to qualify for the tax incentive. Am I understanding correctly that I do not have to own the title deeds to these properties, and that I would still qualify for the incentive even if I have bonds for all of them?
Hi Alistair, kindly consult a tax practitioner on matter like this for professional guidance.
@@MyPropertyBusiness thanks for the response and the invaluable insights shared.
Informative indeed
Thanks Sizwe