It is expected that South Africa will soon see important changes to its rental housing legislation. The Rental Housing Amendment Act 35 of 2014 (“the Amendment Act”) has been looming for some time. While no firm date has been set for it to come into operation, landlords and tenants will be required to comply with […]
How Rental Income Is Taxed In South Africa
Owning additional property and renting it out for an additional income has become a popular choice for many South African’s looking to diversify their portfolio. The rise in property prices has seen it become increasingly unaffordable to purchase for many first time buyers while those who have resources or access to finance have given rise […]
How To Determine A Fair Rental Price or Increase
Let’s face it the rental market is not as simple as everyone makes it out to seem. Buy a place, rent it to tenants and have them pay off your bond or generate an extra income. But that 3 step process is anything but, with so many legalities and issues to consider, one of them […]
Steps To Take Before You Cannot Pay The Rent
Life is unpredictable and many of us never really think of financial difficulties and economic downturn being a possibility or how to prepare for it. So when the economy moves into a recession things can get tough pretty quickly and one needs to analyse expenditures to make sure all basic necessities are covered. One of […]
What Is The Difference Between A Landlord & A Body Corporate
As housing prices become less and less affordable and access to money becomes more restrictive many homeowners have no choice but to resort to renting. While renting a place is often seen as a means to an end or as a temporary living arrangement many tenants are seeing this as a long-term option. Renting long-term means […]
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