PURCHASING PROPERTY THROUGH DIFFERENT LEGAL ENTITIES :
As an INDIVIDUAL
Properties form part of your personal estate thus exposed to any possible legal action by your creditors.
In death your total assets exceed R1.5mil; your heirs would pay a 20% estate duty on the excess.
Taxation: Capital Gains Tax
Why people opt to own properties within these Structures?
…that it protects the property owner against creditors as long as it isn’t offered as security against a loan.
Creditors cannot take legal action against you in your personal capacity of payment of debts of the entities.