This is a great overview by Jose Delgado from iProtect. There is no one size fits all and he is absolutely correct when saying that it depends on your short, medium and long term objectives. When deciding on your structure, the considerations can be summarized as follow: 1. You want to ring fence your assets and liabilities from creditor risk. 2. You want to pay as little as possible tax. 3. You want to minimize your estate costs for your beneficiaries' benefit, at life and death. 4. You want to simplify and maximize your property financing potential. Your structure is fundamental to building a successful property investment empire.
Thanks for the information. I hope I will get an answer. Is it poss to put an existing property into a trust? Or that is only possible you initially bought the property.
What factors should you consider including capital gains tax when you purchase a residential property registered in a Close Corporation/member's interest in a CC for R2mil?
*Please do not be offended but I cannot understand what you are saying. Are you talking about laws outside of the United States???* *Thanks for your time.*
This is about trusts and LLC's and how when you buy a property you have the option to buy the property under your name or transfer a property to a trust or LLC if you want the benefits of not having a property in your name. If you just have one house, many people buy it in their own name to keep it simple. However, if you are a business owner or have more liabilities and potential to be sued, then you might want to take your property out of your name and put it into a trust or LLC so that people cannot necessarily connect you with your properties/business/assets.
This is a great overview by Jose Delgado from iProtect. There is no one size fits all and he is absolutely correct when saying that it depends on your short, medium and long term objectives. When deciding on your structure, the considerations can be summarized as follow:
1. You want to ring fence your assets and liabilities from creditor risk.
2. You want to pay as little as possible tax.
3. You want to minimize your estate costs for your beneficiaries' benefit, at life and death.
4. You want to simplify and maximize your property financing potential.
Your structure is fundamental to building a successful property investment empire.
Jose if you still alive you did a great job with this video, thank you.
Very informative
Love the vid, but next time turn up the mic volume or place it closer to you.
Thanks for this. Glad I'm learning before investing
Thanks for the information. I hope I will get an answer. Is it poss to put an existing property into a trust? Or that is only possible you initially bought the property.
Politicians and the 1% when they touching TRUSTS they are touching themselves that is a hard thing to do. You are safe in that sense.
What factors should you consider including capital gains tax when you purchase a residential property registered in a Close Corporation/member's interest in a CC for R2mil?
Very well delivered!
Thank you kindly!
It would help everyone and save wasting time if it was highlighted that this video refers to SOUTH AFRICA.
videosrus99 Thanks. You just save me time
What is the difference between a trust and a Limited Liability Corporation???
A trust is not an income generating entity. Its basically like a vault where you store assets. E.g. your company.
*Please do not be offended but I cannot understand what you are saying. Are you talking about laws outside of the United States???* *Thanks for your time.*
This is about trusts and LLC's and how when you buy a property you have the option to buy the property under your name or transfer a property to a trust or LLC if you want the benefits of not having a property in your name. If you just have one house, many people buy it in their own name to keep it simple. However, if you are a business owner or have more liabilities and potential to be sued, then you might want to take your property out of your name and put it into a trust or LLC so that people cannot necessarily connect you with your properties/business/assets.
this is UK only
@@BogdanNacuta he's from South Africa
I can barely hear you
how much does it cost in the legal fees to prepare a trust tax return and how often does one have to do it?
It would be best to consult a professional in this field, to get the most accurate information.
Who controls the trust and makes all the decisions a grantor or a trustee?
According to the above video, trustees have got the election to make decisions for a Trust.
I.learn today how to buy property
Yassass that beard
that's maybe his signature.. I remember seeing him in a talk from ages ago, just by remembering that beard :P
Your audio is very weak..
I slept at 3min 56 seconds of this video.
#Privateproperty
U mobile and your audio is unintelligible
I'm gonna be nice and just exit this video half way. That's the best I can do.
ENGLISH!!!!!