Every growing business throughout its life cycle is confronted with the important decision to continue leasing or own the premises in which it operates. Before this decision can be made, entrepreneurs should aim to understand the implications and establish whether this would be a good investment from a financial and long-term growth perspective. Attie Anderson, Head of Commercial Property Finance at FNB, says being in a strong financial position to invest in commercial property should be … [Read more...] about Renting versus owning business premises
renting
Think about the tax implications of renting out your home
The Property Poser experts have received a rather interesting tax-related query from a reader who rents out his home to officers from the diplomatic services from time to time. When their property is occupied, the reader and his wife go and live on a camping site, which is admittedly less comfortable than their own home but far less expensive. In this way they are managing to save a bit of money for their later years. There is still a small bond on the property and while they know that … [Read more...] about Think about the tax implications of renting out your home
