The Covid-19 pandemic and two years of lockdowns played havoc with the finances of many community housing schemes, and many are still struggling to catch up on arrears payments to various creditors, while simultaneously trying to tackle overdue maintenance issues and keep up with current demands on their budgets....
While there is today a greater awareness of the benefits of owning a residential property to rent out for passive income, aspirant landlords are faced with some key decisions when making this kind of investment....
Individuals who have not yet filed their income tax returns have until 24 October 2022 to do so. When it comes to tax deductions, homeowners are entitled to specific claims if they work from home or own a rental property that provides an income....
Estate living is one of the fastest growing real estate trends in South Africa and, with crime on the rise and lifestyle increasingly a priority for home buyers, the growing demand for a quality lifestyle in a secure environment is unlikely to abate any time soon....
You have found the perfect fixer-upper - imagining what a room could look like with a fresh coat of paint and some upgrades. For many home buyers, this is an enticing scenario, and the plethora of home renovation shows and social media posts has romanticized the process of turning an old home into the perfect space even more. The reality, however, is that if you walk into buying a fixer-upper blindly, it...
Want to rent out your property or invest in a rental? Going from property owner to landlord requires legal and operational know-how. While a private individual renting out their own property or an Airbnb unit does not need to register with the Property Practitioner’s Regulatory Authority, they must comply with rental, consumer, and tax laws. The rental income must be declared as part of your annual...
Selling a home is one of the biggest transactions a person can make. Selecting the right agent will make a huge difference in how it all plays out. A skilled real estate professional can help navigate everything from marketing the home to negotiating the best possible offer, which is why it is important to choose wisely and select somebody who is compatible with your unique needs....
All materials have a lifespan and even the most well-built homes will eventually start to show their age, as a homeowner, you need to know what signs to look for so you can step to prevent these issues from becoming long-term problems....
When selecting a tenant, landlords are pressed to find the best possible tenant to occupy their rental property. The questions asked during the screening process are crucial for the success of the rental property in the long run....
With the inflation outlook deteriorating since the previous Monetary Policy Committee meeting – with the headline inflation rate again breaching the upper limit of the 4-6% target for the second consecutive month at 7.4% in June 2022, it was inevitable that a decision would be taken to further increase the repo rate, the question was simply by how much....