Learn how to Create Wealth through investing in property
According to the FNB Estate Agent Surveys through 2017, the estimated average first-time home buyer level was 20.27% of total home buying for the year.
In determining the value of a residential property, many factors are taken into account: size, age, and condition; number of bedrooms and bathrooms; views; proximity to desired services such as shops; crime statistics; school district; and zoning restrictions.
There are many different Capital Gains Tax (CGT) theories and opinions, but when this tax is analysed, it is not so daunting or complicated. A person’s capital gain on an asset disposed of is the amount by which the proceeds exceed the base cost of that asset.
In the excitement and euphoria of buying or selling a property it’s easy to forget that there is more to the process of merely getting the bond or approving the buyer or arranging an occupation date.
The ins and outs of how to build a property investment portfolio and achieve financial independence through long-term growth are not rocket science, but simply require an educated, committed and disciplined approach.
Owners of property investments who are involved in a dispute with the body corporate of their sectional title scheme should always choose the path of arbitration and not be tempted to hold back their levy payments.
Your title deed will open doors to all types of possibilities. Seeing your property as more than just a place to live, but as a valuable asset will change your perspective on how you can create wealth for yourself and your loved ones.