How can I save on property taxes?
Buying property means taking on a liability – and this also involves paying tax. As a property owner, there are several ways for you to lower your tax burden. This includes cleverly planning any maintenance and renovations or indirectly amortizing your mortgage via your pillar 3a and pension fund in order to cushion the effect of the imputed rental value. Or you could carefully keep all the receipts from any investments you make to increase your property’s value so that when you come to sell it, you can deduct these amounts from any property gains tax.