Buying Property in a Trust | Prosperity Enterprises

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Buying Property in a Trust | Prosperity Enterprises
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DISCLAIMER: I`m not a financial advisor and hence the content of these videos are for educational and entertainment purposes only. Investing is a risk related practice and should be approached carefully.

Опубликовано:

11 окт 2024

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Комментарии : 120

@Mphoentle.L Год назад

Thank younsooooo much for making this information available for us. You are a rare gem. Many people will not disclose this

@louisreynhardt Год назад

So glad this could help you. Thanks for your comment 👍 🙌🏻

@jaredholland3563 11 месяцев назад

This must be the most valuable video on RU-vid. Thanks Louis and Jaco, will be in touch with Jaco soon

@louisreynhardt 11 месяцев назад

Means a lot my friend Glad it can help you. Definitely reach out to Jaco 💪🏻

@varkgriep Год назад

I have just applied for finance approval on a personal home loan. I have a dormant company I'm contemplating using and some flats I am currently renting out on my personal name but I have no mentor to guide me. Basically I have no structure and this is exactly what I needed to hear! Thank you for this great content!

@louisreynhardt Год назад

Thanks for sharing and thank you for joining the channel. Glad the video could help. The company can be a good option going forward. Read up on the different structure options and decide which one to use going forward. Goodluck 💪🏻

@thebaddie391 10 месяцев назад

How do we open a trust ? I have been looking for this information for so long. This is the first time I am encountering information about a trust.

@nylmzw001 8 месяцев назад

Quality content

@louisreynhardt 8 месяцев назад

Thanks for watching 💪🏻💪🏻

@zingisasolani1483 6 месяцев назад

I’m so grateful that I came across your channel

@louisreynhardt 6 месяцев назад

Thanks for watching, stay tuned for Sundays video. Im sure you will learn a lot. 💪🏻

@awildlife123 Месяц назад

I feel like this video was made specifically for me 😂 so interesting thank you!

@louisreynhardt Месяц назад

Fantastic, thanks for watching 👊🏻 💪🏻

@StreetWarrior24 Год назад

I've benefitted from watching this. You've benefited from the clicks and views and subscribers you'll gain from this video. And Jaco will benefit from the business he'll gain from the viewers of this (I've shared this link a few times). A win for all. 🔥

@louisreynhardt Год назад

Thanks for your comment and feedback. What a great outlook to have. We want to have a win win siuation so that's great to hear. Thanks for supporting the channel 🙌🏻

@thulilekubheka5923 Год назад

Thank you so much Louis, this was very insightful 🙏👏

@louisreynhardt Год назад

So glad to hear, thanks for watching 👀 🙂

@lovingsoul6353 Год назад

As always 🔥🔥🔥🔥. Thanks for your efforts, you are most definitely changing lives for the better.

@louisreynhardt Год назад

Thanks alot, really love the feedback 😁

@normangovender714 5 месяцев назад

Wow, amazing info. Thanks for the time and effort. As a rookie this really helps my confidence. Thanks again Louis and Jaco

@louisreynhardt 5 месяцев назад

Thanks for watching. Appreciate the support. Feel free to reach out to Jaco and Prosperity Enterprises if you need any help with accounting or structures. You can use my name as reference. All the best.

@cebelihlemasuku8989 Год назад

Oh wow, this is amazing information. Stuff like this cost an arm and a leg in consultation fees. I'm definitely joining your membership, you're the real one

@louisreynhardt Год назад

Thanks so much. I'm glad you like the content. If you could learn at least one thing from the video, it's great news.

@Matita_Sipokazi Год назад

This video made my day. I’ve been looking and thank you Louis for sharing this information

@louisreynhardt Год назад

Thank you for the feedback. Im so glad that it could help you. Thanks for watching 🙂

@ChristelleN-b7v 7 месяцев назад

Thank you for sharing! Very insightful. I trust your guidance

@louisreynhardt 7 месяцев назад

🙏🏻🙏🏻

@mzwandilemalambe9999 11 месяцев назад

Glad I found this channel

@louisreynhardt 11 месяцев назад

Welcome Welcome Welcome 😁

@denroycupido7627 Год назад

Thanks, what I needed.

@bantumhlekwa9870 Год назад

Extremely insightful video, I've learnt a lot from your videos in general and will soon reach out as I look to grow my property investment portfolio.

@louisreynhardt Год назад

Thanks so much for your comment. Reach out any time 👍

@didierliango6402 24 дня назад

great content!

@louisreynhardt 17 дней назад

Thanks for watching 💪🏻 💪🏻

@feziwetyiwani5357 7 месяцев назад

Very informative video

@louisreynhardt 7 месяцев назад

Thanks for watching 😁 💪🏻

@nicolusellapen6612 Год назад

Hi Louis I enjoyed this video very much thanks for all the information you put out, I appreciate it. 😊

@louisreynhardt Год назад

Thanks Nic, really appreciate your comment. Glad the content helps.

@MohauLoselo Год назад

This is brilliant… much appreciated 🙏🏽

@louisreynhardt Год назад

Thanks so much. I'm glad it helped 😊 💪🏻

@azizgaruba Год назад

This was fantastic information!

@louisreynhardt Год назад

Thanks for watching 💪🏻

@thebaddie391 10 месяцев назад

You are sharing very valuable information here. How can we get hold of Jaco. I need to do the restructuring.

@louisreynhardt 10 месяцев назад

Thanks for your comments. Pop me an email at louisreynhardt@gmail.com and I can share the details with you.

@dashingckay 6 месяцев назад

Super video. Thank you.

@louisreynhardt 6 месяцев назад

Pleasure my friend 🏆

@RS-tc2yc Год назад

Fantastic video!!! Very informative, has answered many of my question, hope to see more like this! You just earned a Subscriber.

@louisreynhardt Год назад

Thanks so much. Welcome to the channel. Thanks for watching1💪🏻

@kopanomofokeng6562 Год назад

Awesome!

@louisreynhardt Год назад

Thank you 😁

@thebaddie391 10 месяцев назад

Is restructuring possible ? If so how ? How can we get help if we want to restructure ?

@businessgal2950 Год назад

Thank you so much for the insight

@louisreynhardt Год назад

Pleasure 💸 💪🏻 🚀

@thendomanaga5954 3 месяца назад

I don't know, maybe I am wrong, but I feel like buying property through a company and placing your shares under a holding trust is a better option for reducing taxes. In a company, there are many ways to reduce your profit through expenses and allowable deductions, like Section 13. Also, if you are using a trust, can you get funding from a bank? Is it as easy as getting funding through a company?

@louisreynhardt 3 месяца назад

Absolutely, you are right. That's a great structure to get started with, but it's also very expensive. I always suggest meeting with an accountant to get started in the best way possible that will work for the individuals specific situation. 💪🏻💪🏻 Thanks for sharing

@thedecimalspace2977 10 месяцев назад

Much appreciated.

@louisreynhardt 10 месяцев назад

Pleasue my friend 💪🏻

@lungitladi6166 Месяц назад

Hi Louis, thank you so much for taking time to make informative videos, you are appreciated. Which one is is important between open a trust or registering a company for the your property portfolio? I'm in a process of buying my first rental property, and I'm to own multiple rental properties. Your response will be highly appreciated🙏🏾

@louisreynhardt 26 дней назад

A combination is ideal. But you can start with either. Just a property or just a trust. Preferably a company with a holdings trust

@lungitladi6166 22 дня назад

@@louisreynhardt Thank you kindly for the swift replay.

@lungitladi6166 19 дней назад

One last question🙏🏾. Can I buy a property on my own name and later transfer it under company? I'm planning of buying a two bedroom flat via bank loan which will be my primary residence, and I'll rent out one bedroom to share with another person. The plan is to move out later at the stage and rent it all out.

@chitdigital7057 11 месяцев назад

Thank you thank you thank you

@louisreynhardt 11 месяцев назад

You are very welcome

@marshallcloete8830 Год назад

Really impressed with your knowledge and thanks for sharing this.

@louisreynhardt Год назад

Thanks alot Marshall, really apreciate your comment.

@johnn8669 Год назад

This is awesome content 👏 do you guys offer some one on one lessons or have online seminars so we can ask some questions

@louisreynhardt Год назад

Thanks John, You can send me an email at louisreynhardt@gmail.com if you would like to reach out.

@macaulayokoloise2219 11 месяцев назад

Fantastic and very clear explanation. Thank you so much for enlightening your audience in a very comprehensible way. I am wondering if one can buy a property directly with a Trust registered overseas, say in the Caribbean. Or do you need to register a new property trust?

@louisreynhardt 11 месяцев назад

Thank you for the positive feedback. You should be able to, but it's best to speak to a professional to determine what would be the best and most efficient way to do this. Structuring is very important, so it's better to consult with the right people. Feel free to reach out to Jaco and his team

@heinrichjansevanrensburg3828 Год назад

Briljant!!! 🎉

@louisreynhardt Год назад

Thanks Heinrich 💪🏻

@munroeengelbrecht1300 2 месяца назад

Baie dankie Louis

@louisreynhardt 2 месяца назад

Thanks for the support 🙏🏻

@johnn8669 Год назад

Good content ✨️

@louisreynhardt Год назад

Thanks so much. I'm glad you liked it

@jaredsmith1039 Год назад

Thanks for this. How about if you dont have any dependents ? Would you still recommend a trust or company?

@louisreynhardt Год назад

Yes, definitely, there are many benefits to using trusts/companies that far outhweights buying in your own name. Just the tax advantage alone is a good reason to use it.

@venzotv1976 Год назад

Great info but still not answering how can a legal entity like trust or company get access to finance if fairly New

@louisreynhardt Год назад

Thanks for watching. So the answer is simple, If it is a new trust or company, you will have to sign surety for the trust or company to be able to acquire finance. Using separate entities is not an endless road of acquiring finance but rather a tool for calculated wealth building.

@fortunetshabalala3388 Год назад

Incredible, also are there any property books which you can suggest that discusses the topics discussed in this video? Any suggestions would be well appreciated.

@louisreynhardt Год назад

Hi there, Thank you. You can always reach out to Jaco to book a session with him. You will learn more from him than any book. He also wrote a book about the topic. Unfortunately, theres not a lot of other books out there that I know off.

@nerrisasunker5000 Год назад

Thank you for a very informative video

@louisreynhardt Год назад

Thanks so much for watching 🙏🏻

@bonganitiso8014 Год назад

Louis, Just when l thought l know about structuring, then l come across your videos🤯 🧠. 1. Question: How possible is it to transfare bonds in your personal name to a Trust? 2. Also, as a starter with limited cash flow, to appoint a Trust specialist would be too expensive compared to a company where l just have an account.

@louisreynhardt Год назад

Hi there, Thank you for your comment. 1. This is definitely possible although there is a lot of cost involved. I would suggest speaking to an attorney To help clarify the costs involved. 2. The trust structure might be a bit more expensive in the beginning, but the benefits will outway the cost by far in the longer term.

@christiaanlaubser4310 8 месяцев назад

Thank you, this is great I just have a question, if i were to start out with opening a trust and having the bond in its name after I signed surity for it will the entity still have to pay tax if all of the rental income goes straight into the mortgage re-payment ? Thanks

@louisreynhardt 8 месяцев назад

Thanks for commenting. So simply put, yes. If you make profit on paper you will get taxed on that profit. But theres many smart ways to reduce or eliminate taxes altogether within a trust. Theres also many deductions like your interest, rates and levies, maintenance and management cost etc. To reduce the overall profit. Above that, there are still ways to move around your profit. Hope this helps.

@siyavazi8710 Год назад

I have noticed everyone advises against owning property in your name Let’s say I open property trust and I want to acquire my first property, will the bank look at my personal finance then grant the loan under property trust? I’m not if I make sense.

@louisreynhardt Год назад

Great question, that is correct. You will have to sign surity for the trust, and they will look at your personal affordability from there they will grant finance for the property in the trust.

@siyavazi8710 Год назад

@@louisreynhardt Thanks.

@drmarumo 7 месяцев назад

insightful video...Do you know all your properties in Trust?is it not wise to own the properties in Pty Ltd then have the Trust own shares in the Pty Ltd?

@louisreynhardt 7 месяцев назад

Yes thats correct it is wise to setup it in such a way but when starting its very expensive.

@Sylvesdo-25 Год назад

Can multiple people start a property trust like 3 people so they can pay faster and accumulate more properties faster? If possible, would it be a good idea in your personal opinion?

@louisreynhardt Год назад

Yes, there can be more than one founder for a trust. You can then sign surety and should be able to acquire more properties when done correctly. The risk will also be spread

@herlugreeff4918 Год назад

Hi Louis, thanks for all your great videos. I would like to set this structure in place to buy my first property, but am concerned about the monthly costs of maintaining the trusts in the beginning phases. Is it possible/advisable to buy the first one or two properties in a company, and then register a trust later, to which you can allocate all the company shares, therefore transferring ownership to the trust without having to pay transfer fees of the properties?

@louisreynhardt Год назад

Hi Herlu Great questions. You should be able to do this, and buying in a company is already a much better option than buying in your own name. This is unfortunately not where I shine, Jaco will be able to help you out with the structure setups and the cost involved with moving and transfering assets or shares. Feel free to reach out to him via his details in the description. I always recommend speaking to the right people, and Jaco is the right person to speak to 👏🏻

@MrJakes1988 11 месяцев назад

I have read that banks do not grant 100% mortgage loans to trusts or companies, is this correct?

@louisreynhardt 11 месяцев назад

No, this is not true. You can acquire 100% Finance 💪🏻💪🏻

@lourensmyburgh7931 Год назад

Hi Louis, as always, great info. Just a question on owing property in a company. Is it advisable to have multiple properties in one company or a company for each property?

@louisreynhardt Год назад

Thanks alot man, glad you like the video. So the ideal situation would be to own a few, let's say 3 or 4, and then open a new entity for 3 or 4 others. We dont want to hold all our assets in one basket. Using one entity will cause you to run into affordability issues after 3 or 4 properties, so it's advised to use a new trust for every 3 or 4 properties. This is just a guideline.

@LuSin-ti3pr 9 месяцев назад

@@louisreynhardtsorry, just to confirm, you're saying it's advisable to, after 3 or 4 properties, keep the additional under a new company with its own new trust holdings for the ownership of those shares?

@seanmyers8380 Год назад

This was very insightful but did not really answer my question on how to register a trust step by step.

@louisreynhardt Год назад

Thanks Sean, Registering a trust is a very difficult task with alot of admin involved. You need to use a professional to help you with this. The important part is to use a trust and not how to register one. Understanding the trust system is important to grow your property portfolio. If you want to setup a trust you can use the company from this video to help you and they can explain the trust registration process a bit more . Check out the link in the description.

@seanmyers8380 Год назад

@@louisreynhardt Thanks

@louisreynhardt Год назад

Pleasure my friend 🙌🏻

@thabothapedi1147 10 месяцев назад

How much will this one on one structuring consultation cost

@louisreynhardt 10 месяцев назад

Reach out to Jaco from PROSPERITY ENTERPRISES, and they can give you a quote. You can use my name as a reference. It depends on the exavt atrucutre but can range from R5k -R13k

@sihlesihle6838 9 месяцев назад

How do I contact them??? I think I made lots of mistakes as I have 3x properties all in my name

@louisreynhardt 9 месяцев назад

As long as you can learn going forward. You can pop me an email at louisreynhardt@gmail.com and Ill share their details with you and explain how they work

@anjoes8428 6 месяцев назад

Louis, will you please be my mentor?

@louisreynhardt 6 месяцев назад

Please consider my property course as it holds a lot of value and important information. This is the best way to learn all the necessary skills to be a successful investor.There is also a mentoring option available which is the most popular option. To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process. All the best