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If I buy property shares like Redefine or any other reits type share that pay out quarterly "dividends", will the payout be seen as dividends or does the payout not fall in the category as dividends?
I want to create an income portfolio. I am not so interested in growth as I am in getting regular income.

Guys I am not so clued up on all the shares so give me advice. I am all ears.

Hi there, if you are looking for quaterly paid divis/interest you have to invest in a ETF like Satrix or DBX's.
There are also some good property ETF's to buy in to.

and the last part

http://www.moneyweb.co.za/moneyweb-property/sa-reits-will-investors-benefit

From the article that you linked:

The one negative for local investors is that for the private investor the interest exemption (currently R23,800 for individuals under 65 and R34,500 for individuals over 65) that previously applied to property loan stocks, will not be available anymore. National Treasury sees this distribution as rental income and not as interest and is currently working towards abolishing this interest exemption and looking to create specific tax-free investments.

...[snip]...

In the case of foreign shareholders of SA REITs, a dividend withholding tax will be applicable after 1 January 2014. The current rate is 15% or the applicable double tax agreement rate could apply.

I think what she is saying is that proceeds from REITS are going to be regarded as normal dividends.  The bit about "foreign shareholders" is a red herring I think.  It would be accurate if it read "shareholders."

This is the statement that brings me back to my original question:
"the distributions made out to the shareholders are not actually dividends, but are income distributions"

Hello, have you read my reply #2 (the link) ?
South African resident investors in a REIT pay normal income tax on income they receive from the REIT and capital gains tax when they dispose of their interests in the REIT. As before, even though they may be called dividends.
But if you invest in an off-shore REIT like RPL it will be regarded as a foreign dividend in ZA subject to 15% withholding tax.
(yossarian was not correct stating tax of 7350 on earnings of 49000 as he/she assumed it would be subject to 15% withholding tax).

Thanks guys. Highly appreciated.

Another question - Excluding property stocks, REITS and ETF's, what else can I buy on the JSE that would give me an income and as I stated, I am not concerned about growth? I just want income as often as possible.

Okay, another question and this one sounds nasty. What do you know about dividend stripping? As I understand it you buy shares 3 to 2 weeks before LDT and then get the divi and then hold it for 2 to 3 weeks after divi payout and sell it again.

What will the tax implications be?

Can't find a list but they must be among these.
http://www.topyields.nl/Top-dividend-yields-of-JSE.php