Hi There,I found an American property wholesale training course and would like to know whether that …

Hi There,

I found an American property wholesale training course and would like to know whether that would be legal in RSA? They find cash buyers and link them to sellers and they receive the difference, like a broker would? They also use real estate attorneys. They find a buyer for $100k and match it to a seller for $90k, then they take the difference..

Please let me know. 

Thank you for your time.

Kind regards,

Lynette du Preez

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My dad gave me and my siblings a sum of money as inheritance from it family trust to be used to buy …

My dad gave me and my siblings a sum of money as inheritance from it family trust to be used to buy property. His condition was that I had to open my own trust to keep the property safe for my children. The money for the house I bought was paid straight from the family trust to the transfer attorneys. I never paid tax on that money me did my trust. There is no obey in my trust account and there never has been. As far as I can understand, the contract signed stipulated that I have “loaned” the money from ur family trust and my trust “loaned” the money from me. 

A few years have passed and I want to dissolve my trust, it the house into mine and my husband’s name, etc. I just want to find out what the tax implications will be for me and if there is a cost effective way to transfer the house to our names? Any advice will be greatly appreciated. 

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Dear SirMamI have moved into a house last year to look after the house in return for housing. The ho…

Dear Sir/Mam

I have moved into a house last year to look after the house in return for housing. The house was recently sold and the new owner refuse to let the registration takes place before I leave the premises. However he was fully aware that I stayed here and said that he and I will talk. Now the current owner is putting pressure on me to leave and came up with rental housing outside of town which will be very inappropiate for me and my child which is currently on primary school. I recently recieved a job opportunity for I am unemployed and this move will also very much influence the way I get to work. What are my rights for they want me out by the end of this month.

Thank You.

Regards

Neil West.

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