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Section 13sex: SARS's best kept tax secret

By IGrow Wealth Investments https://www.igrow.co.za/

Sat Aug 14, 15:00 - Sat Jan 1, 16:00

Event is online

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IGrow wealth investments brings you the best kept tax secret


Section 13sex is an important tool for all property investors. Even if your properties are cash flow positive and profitable through your rental income, you can still reduce your tax liability substantially through a key tax incentive.


What Section 13sex allows is this – a developer can write off the cost of all new and unused residential units they erect after 21 October 2008 at a rate of 5% per annum.


In order to qualify you must:


  1. Own five properties.
  2. These properties must be owned by one individual or entity (like a trust).
  3. The properties must be new and not previously occupied.
  4. The properties cannot be used as the owner’s primary residence.


Claiming this investment needn’t be difficult. Sign up for this webinar to find out how you can make use of this tax incentive today.


We give our investors the tools, knowledge and peace of mind to start a buy-to-let business and to make property investment the cornerstone of their pension fund for early and carefree retirement.