Property tweeps, help me understand something 🤔
If your rental income is less than your bond, rates and levies, can you claim the loss against your taxable income with SARS?
Or am I completely misunderstanding how rental property tax works? 😂
IF YOU HAVE A 4-YEAR-OLD TURNING 5 THIS YEAR, I NEED YOU TO KNOW THESE 12 THINGS.
Because even as an early childhood teacher, this stage caught me completely off guard.
1. They start lying — and it's actually a developmental milestone.
I will drag Discovery every chance I get shame. This week I took my girl to the dentist, I called prior they said any dentist and I’ll just pay a R130 co-payment.
I paid R2300 when I left the dental practice because Discovery covered NOTHING!
You guys are useless @Discovery_SA
Just to be clear, if my child goes out with y’all and y’all return and my child is nowhere to be found, and there’s no answer in sight, your moms are going to be just as sad as I am.
Thank you for coming to my Ted Talk.
I don’t want my daughter to be like me. I want her to speak up sooner. Walk away faster. Trust herself deeper. Apologize less. Take up more space. Ask bigger questions. Dream louder. And if that means she becomes everything I wasnt… GOOD!
Most South Africans with a TFSA are using it wrong.
They put in R500 here, R1,000 there. They withdraw when cash gets tight. They "reset" their contribution room without realising it never comes back.
Here's what it looks like done right.
R46,000 a year for 10 years. R460,000 total, almost your full R500k lifetime limit.
Then stop. Completely. Leave it alone.
Same Satrix S&P 500. 10% average growth. 20 years untouched.
R4.9 million. Tax free. Forever.
You don't need to contribute for 30 years. You need 10 years of consistency and 20 years of patience.
The account isn't the problem. How people use it is.
Stop saying 'Sorry for the late reply' in emails.
It doesn't make you polite. It makes you look disorganized.
Here are 6 phrases that skip the apology and get straight to work: