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Messages - Orca

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646

Off topic / Re: Live chat

« on: April 19, 2016, 06:23:05 pm »

Can you believe. We have had 7 days of no rain since Jan 01. I have seen the sun on 4 occasions. This sucks as we are stuck at home with no car. The rain is torrential and I suspect the hills will come sliding down on us.

647

Off topic / Re: Live chat

« on: April 19, 2016, 10:30:13 am »

Hypothetically, the ZAR was Zumafied by R2.34 so we should be at R12.00 to the USD now.

648

Shares / Re: Pulverized Sand Box

« on: April 19, 2016, 10:26:37 am »

My stocks would have been worth more if not for this:

649

Off topic / Live chat

« on: April 19, 2016, 07:44:02 am »

ZAR back to pre Nenegate value.

650

Shares / Re: SELL PROPERTY OR AIRBNB

« on: April 13, 2016, 05:37:52 pm »

The plot thickens now. Your primary property is where you dwell and as you are in the Netherlands, you will be subject to Dutch tax laws as the DTA will give the Netherlands the right to tax you but the CGT will be capped at the DTA rate.

651

Shares / Re: SELL PROPERTY OR AIRBNB

« on: April 13, 2016, 02:55:08 pm »

I think you need clarity on the tax issue. As it is not your primary property, sars will see it as an investment and you will pay CGT on the amount higher than R30k.
The R2m odd exclusion will only apply to your primary home if you live in it.

652

Off topic / Re: Live chat

« on: April 11, 2016, 02:15:00 pm »

The ZAR will follow other EM currencies like Brazil. Local news will have some impact but will not last long. We will follow the trend as long as EM's are in favour. Brazil's downgrade to junk had little economic effect so I would not be concerned about SA downgrade.

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