Let's talk transferring your property into a company structure. For those two lazy to read the blog post.

Blog post link:

Do you have a similar talk for a transfer to a trust?

I do not but it's a lot simpler... Basically you will need to pay Bond and transfer costs as well as do a loan as you cannot just gift another entity with a property.

You are doing the Lord’s work.

🙏🏾🙏🏾🙏🏾

On estimation what is the value of the "expensive" contract, we can use R5million property as an example?

I think I need a cup of coffee with you sometime 🤔

👊🏿

👌🏾🙏🏾

How about this scenario: An individual owns a property, mortgage bond not yet paid up. Now wants to transfer the property to his company. What are his financing options?

With a section 42, it will only transfer once the bond is paid up. If you do a normal transfer, with transfer costs payable, you need to let your bank know and apply for a new bond.