M5 PROPERTY ADDICTS
Passive Income for Everyone The first time Van Rooyen and Jack were exposed to how government taxes can make one money in real estate was at a ten-day Robert Kiyosaki training programme . They started researching if this can be done in South Africa and the answer was yes !
A unique example for South Africa is the S12J SARS initiative , for every investment you make in the M5 S12J fund , SARS will give you 100 % of your tax back , considering that you might have paid up to 45 % tax , that puts a lot of money back in your pocket . investment of R500 000 , they require a deposit of R250 000 and the terms of the loan can be discussed with the fund manager .
As employees , Retha van Rooyen and Taurai Jack were not aware that these kinds of investments were available , and they thought a salary was more secure and comfortable . These days they think and work for assets that create income for them and their partners . Every employee and business owner should have a plan B , what is yours ?
Over and above the tax refund , the fund will give you an additional 7.5 % per year considering 2021 rental income , meaning as and when rental increases , so will your returns from the fund increase . You also earn from the equity growth of the property over the five-year investment period and in total your money will grow by a whopping estimated 85 % over five years . They offer one of lowest investment amounts from all the S12J funds out there and you can invest from only R50 000 .
" Every employee and business owner should have a plan B , what is yours ?"
For people who may have funds available in the near future , they can offer you a bridging loan on a minimum
SA Real Estate Investor Magazine JUNE 2021 7