24. August 2017
With house prices relatively subdued – the latest FNB National House Price Index shows renewed slowing in month-on-month house price growth and house prices down 20.1% in real terms since the peak reached in December 2007 – many people are looking to buy investment properties, which are mostly funded via a mortgage bond. Given the tax treatment of the income and the fact that the interest component of the monthly instalments is tax deductible, the rental income should cover much of the...