I'm trying my best to cover the knitty gritty. It's not always easy, but I hope it helps 🏆

@SAWTHISRIGHT

4 ай бұрын

Never stop Louis one day we need to point future generations to you and say there's the oke we're grateful for knowing otherwise government would've taken half your inheritance

@louisreynhardt

3 ай бұрын

Appreciate this comment so much. Thanks for the support my friend 💪🏻

@nealjacobs598

3 ай бұрын

Thanx for your guidance, keep up the good work! Can you provide the name of the company that you used to create your Trust please

Proper content hope the youth is taking notes✅

@louisreynhardt

4 ай бұрын

Thanks my friend appreciate the comment 🙏🏻🙌🏻

@tameezdevos8868

3 ай бұрын

I’m 27 don’t know if that counts 😅

@timo57890

3 ай бұрын

Giving away tips that you could normally only get from friends parents who are wealthy

@amandambongwa9216

2 ай бұрын

Right !!

My trust name will br: "Please dont audit me SARS Trust"

@louisreynhardt

3 ай бұрын

This is the best comment I've seen 🤣🤣😁😁

@Truthseeker-iz3dj

Ай бұрын

They are starting to go after trusts but a lot depends on the election results to see if the proposed changes come through regarding tax benefits.

I listened to this video two times, and I can tell this man knows his story. I don't even understand business languages and also the meaning of what you were talking about, but I'm thankful there is someone here in ZAR helping youth before they throw themselves in financial and tax debts. You have my respect. I tried to press Subscribe buttton but only find out I already Subscribed. Thank you, sir.

@dimphoselepe4542

4 ай бұрын

Me and you right

@louisreynhardt

4 ай бұрын

Thanks so much for your positive feedback. I really appreciate it. Thanks for showing up and taking the time to learn. Thats why I make these videos. All the best my friend 🏆🏆

I asked for this in the previous video and it's here.wow that was super quick.thank you.

@louisreynhardt

4 ай бұрын

Thanks for watching my friend. Im glad I can help. 😁🙌🏻😎

Hi Louis, I just wanted to express my gratitude for listening to your community and producing this highly requested video. You deserve many more subscribers. As an emerging property investor, this information is incredibly valuable to both me and my girlfriend. Thank you.

@louisreynhardt

4 ай бұрын

Thank you very much for your comment. I really appreciate it. Im glad I can help and cover necessary and important topics. Im here to give back. Thanks for supporting the channel 💪🏻

@bohdeypeterson1778

4 ай бұрын

Hi Louis what company can I use to help me set up my trust any idea I'm located in Cape town

Thanks my man. This is gold

@louisreynhardt

4 ай бұрын

Appreciate it my friend 🙌🏻🙌🏻😎

Great info as always. I think the perfect video to accompany this one would be a video on last will and testaments. Thank you Louis

@louisreynhardt

4 ай бұрын

Thanks for watching. I will consider making a video about this eventually 🙌🏻😁 thanks for the suggestion 🙏🏻

@Ethan-Marques

4 ай бұрын

That’s actually a good idea. I’d be interested in that

Thank you bud! Appreciate your content!

@louisreynhardt

4 ай бұрын

Thanks for watching brother. Appreciate the support 🙏🏻

Great content, thank you Louis!

@louisreynhardt

4 ай бұрын

Appreciate the feedback, thanks for watching 💪🏻

Powerful information , thank you

@louisreynhardt

4 ай бұрын

Pleasure my friend 👊🏻 😎

Many thanks Louis, your videos are always informative. 🤝

@louisreynhardt

4 ай бұрын

Appreciate the comment my friend 🙏🏻😎😁

This is brilliant!

@louisreynhardt

3 ай бұрын

Thank you very much 🙌🏻🙌🏻

Thank you . Much appreciated.

@louisreynhardt

Ай бұрын

Pleasure my friend 🏆

Thank you so much for information shared Louis,🍻

@louisreynhardt

4 ай бұрын

Pleasure my friend 👊🏻 😎

The video I have been waiting for. Hope you well Mr Reynhardt

@louisreynhardt

4 ай бұрын

Thanks for showing up and supporting the channel 💪🏻 🙏🏻🙌🏻

Always coming through with that content 👌

@louisreynhardt

4 ай бұрын

Pleasure my friend 👊🏻 😎

Thank you for this information. Before today i knew zero about trusts. Subscribed!

@louisreynhardt

3 ай бұрын

Welcome to the channel. Glad you can learn here. All the best.

Thanks Louis this was very informative

@louisreynhardt

4 ай бұрын

Thank you for watching 🙏🏻😎

A man of his word 👊🏽

@louisreynhardt

4 ай бұрын

Offcourse 🙌🏻🙌🏻🏆🏆😁

Thank you very much, this is very informative and important. Sibonge

@louisreynhardt

4 ай бұрын

Thanks for watching. Appreciate the support 🙏🏻 🙌🏻

Thanks so much for this

@louisreynhardt

3 ай бұрын

Huge pleasure my friend 🏆🏆

Thanks!

@louisreynhardt

4 ай бұрын

Pleasure my friend 👊🏻 😎

Thanks man appreciate this life changing information

@louisreynhardt

22 күн бұрын

Pleasure my friend 🏆 share it with people you know will benefit from the info

Thanks Louis, just had a discussion about this very topic this morning.

@louisreynhardt

4 ай бұрын

Pleasure my friend. Glad it helps. Feel free to let me know if you have any questions 💪🏻💪🏻

@denroycupido7627

4 ай бұрын

Thanks will do.

I knew it was coming thanks

@louisreynhardt

4 ай бұрын

Pleasure my friend 👊🏻 😎

Thank you again

@louisreynhardt

4 ай бұрын

Pleasure my friend 👊🏻 😎

I watch all of your videos within a day of release. Very informative for an ordinary folk or those who are in the property profession. Keep up the good work

@louisreynhardt

4 ай бұрын

Thanks for showing and learning my friend. Well done. Appreciate the support 🙏🏻 🙌🏻

@mphotsilo2650

4 ай бұрын

@@louisreynhardt you are welcome. Trust me as a Professional Land Surveyor and an aspiring real estate Practitioner, I find this very useful

Thanks Louis. It sounds very complicated but once one has figured it out I'm sure ut gets easier

@louisreynhardt

4 ай бұрын

Absolutely, and that's why it makes sense to use a professional to guide you through the whole process.

Very educative

@louisreynhardt

4 ай бұрын

Thanks my friend 👊🏻 😁

Thank u for the SA context

@louisreynhardt

4 ай бұрын

Huge pleasure 🙏🏻

Thank you so much for the content! Please explain in another video why you use a trust when purchasing property.

@louisreynhardt

3 ай бұрын

You can browse around inu my real estate playlist. There are many videos covering this topic. Feel free to comment on those videos if you still have questions

We are really learning a lot from you man. Thank you so much for always delivering great content🙏🙏🙏🙏

@louisreynhardt

4 ай бұрын

Pleasure my friend. I'm glad you can learn. Thanks for supporting the channel 💪🏻 🙌🏻

@thulilekubheka5923

4 ай бұрын

​@@louisreynhardtanytime Louis, you always deliver premium content I swear🤞👌👌👌

@louisreynhardt

4 ай бұрын

@thulilekubheka5923 🙏🏻🙏🏻🙏🏻🙏🏻

Your content is top tier

@louisreynhardt

4 ай бұрын

Appreciate this 🙏🏻 🙌🏻

Good job with this video. A problem I find very often is the fact that people use trusts as their alter ego and then once the corporate veil is pierced all the effort of setting it up is undone. So if I can add a tip… If you are a founder of a trust and are only a trustee it’s no longer your asset, it belongs to the beneficiaries

@louisreynhardt

2 ай бұрын

Thanks for sharing. 💪🏻💪🏻

Awesome content

@louisreynhardt

4 ай бұрын

Thanks for watching 🤙🏻🤙🏻🥇🥇

Amazing content

@louisreynhardt

4 ай бұрын

Thanks for watching 💪🏻

The video I always wanted

@louisreynhardt

4 ай бұрын

Glad this helps 🙏🏻 😎

Proper great content

@louisreynhardt

4 ай бұрын

Thanks for watching 💪🏻 🙏🏻

Thank you for this. It's clear to me why you'd rather get help than do it yourself, the expenses in fuel, food & time to collect & file those requirements is worth the fees yho...

@louisreynhardt

4 ай бұрын

Absolutely, and when you doi it yourself the first time you are bound to make a mistake. Those mistake are very expensive. Especially when it comes to the deed drafting

Thanks for making the trust video we asked for ! Listening to your audience and delivery cool interesting content. Btw - do you have a link to your excel numbers template for calculating puchases

@louisreynhardt

4 ай бұрын

Pleasure my friend. Thanks for supporting the channel. You can pop me an email at louisreynhardt@gmail.com 👊🏻

I love your content

@louisreynhardt

4 ай бұрын

Thanks for watching 💪🏻 💪🏻😎

your a G, thanks

@louisreynhardt

4 ай бұрын

Thanks my friend 👊🏻

Good content 👌🏽

@louisreynhardt

3 ай бұрын

Thanks for your comment. Appreciate the support 🙏🏻

Love watching and learning from your channel...We made contact with Jaco Globbelaar he was on your show before to help us with our set up...Keep informing us.1💚✌🏾😇👑☀️🇿🇦

@louisreynhardt

3 ай бұрын

Thanks so much for watching. I'm glad Jaco could help you. You have the right people on your team. All the best 💪🏻

The course was good but more of a high level view. Your sheet that you provide for analysing deals is probably the best take away as well as the section on trusts. Is it possible to release a YT video or update the course to delve deeper into the financial breakdown of fees/costs and how you are using it with a little more detail. Thanks Louis :-)

@louisreynhardt

4 ай бұрын

Thanks for your comment and the possitve feedback on the course. Glad you can learn. Ill look into a breakdown video in the future. Thanks for showing up . All the best 🏆 👍

Wow, quite a lot of information. To me trust's mainly make sense if one has a lot of high value assets.

@louisreynhardt

4 ай бұрын

Absolutely, but it can also be a great way to grow your assets . Thanks for your comment.

Good staff my friend, we always get these overseas videos talking about trusts...but in our context in RSA...its been a blur to me until now.

@louisreynhardt

4 ай бұрын

I'm so glad to hear it helps. Thanks for supporting the channel 💪🏻 🙌🏻

Great content!!! I have two video suggestions; Owning properties in a trust versus a company. And ; same video like this one just setting up a CC.

@Ethan-Marques

4 ай бұрын

Setup a Company within a trust. He literally said it in this video. “Donations tax to the company and it’s an easy way to move money from your personal name into the trust.” If you do the math, he has a company in a trust. 5:07

@mariusroesener6422

4 ай бұрын

⁠@@Ethan-Marques got that part, what I mean is creating solely a trust and solely company. Not a combination.

@louisreynhardt

4 ай бұрын

Thanks for watching. I will look into these topics. Thanks for the suggestions 👊🏻💪🏻

Do you have a video on the benefits of trusts? I looked, but maybe I missed it.

@louisreynhardt

4 ай бұрын

Maybe you can start with this video kzread.info/dash/bejne/eZutz5aBj6ayZ7w.html

Need to relisten to this and tie it up with the legal regulations and law

@louisreynhardt

Ай бұрын

🙏🏻💪🏻💪🏻💪🏻

Hi Louis. Do you have a video of how one attaches a trust to a company and what sort of company works best I.e CC or PTY?

@louisreynhardt

4 ай бұрын

Not at the moment. I will try to include this in a future video. Thanks for watching. All the best.

@fisokuhlemoalosi8094

3 ай бұрын

Hi Louis. Can you recommend any companies to assist with Trust Registration. Thank you.

Any recommendations as to companies to use to set up a trust

@louisreynhardt

4 ай бұрын

I use and recommend Prosperity Enterprises. You can use my name as reference , feel free to reach out to them

Hi Louis, can you advise on a trust company? Also, saving for the next property, can you advise how best to save this Money. Want to buy the property cash in the next 3 to 4 years...

@louisreynhardt

3 ай бұрын

Absolutely, I use and recommend Prosperity Enterprises. You can google them and use my name as Reference. It really depends on your income but generally if you can save a large amount, you can save it in acess bond or a moneymarket account. Feel free to consider my property course ⬇️ To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process.

Can you please make a video on how to make a traveling agency

@louisreynhardt

4 ай бұрын

Thanks vut this is not reall part of my niche on the channel.

@CurceMC

4 ай бұрын

@@louisreynhardt l understand that thank you

Can you also make a video describing how a trust work? For example you are owning these properties and we all understand how that works. But what will change once the properties are no longer in your name? Or is it business as usual and nothing changes at all?

@louisreynhardt

4 ай бұрын

Thanks for the suggestion. Ill try to look into a video where I cover this. You can still be a trustee of the trust meaning you have control of it but you dont own it in your own name

@ntsokolomemani3874

4 ай бұрын

@louisreynhardt I once heard another trust expert saying that I can be the only person in a trust. Meaning I will be the founder as well as the only trustee. He said as long as I'm not also the beneficiary there is nothing wrong legally with me being the only member of the trust. Is it really so?

@louisreynhardt

4 ай бұрын

@ntsokolomemani3874 that is correct. You can also be the beneficiariy as long as the trust deed stipulates everything correctly

Hi, can you ''transfer'' the house you are currently paying for at the bank into the trust?

@louisreynhardt

4 ай бұрын

Yes, you can, but you will have to sell the property to the trust, so there will be transfer and registration cost involved.

Who can we use to set up a trust? if a property is in a trust I can never occupy it, right? when I buy a property in a trust can i as an individual get financing or does the trust loan it ? If so how does a trust borrow money ?

@louisreynhardt

21 күн бұрын

You can watch this video for some extra guidance : kzread.info/dash/bejne/fGGhssyEidXZabA.html You can also use Prosperity enterprises for the trust setup. This is the Comoany I use. You can use my name as refference 💪🏻

Would you say it is advisable/required to be a trustee as the founder of the trust ?

@louisreynhardt

4 ай бұрын

Yes Absolute, specifically for property 🙌🏻

Would you consider FNB's Trustee service(s) a good option?

@louisreynhardt

3 ай бұрын

I haven't used it before, so i can't comment on it. But I prefer using someone that invests in property themselves. At fnb, you might work with someone walking into an accounting position with no property, handling your property structures.

Hi Louis, can you provide us with the name of the company you used to setup you Trust

@louisreynhardt

3 ай бұрын

Absolutely, I use Prosperity Enterprises. Youo can just google them and use my name as Reference

what is the name of company you used

@louisreynhardt

4 ай бұрын

I use and recommend Prosperity Enterprises. You can use my name as reference

Please share the company that help you set up your trust

@louisreynhardt

4 ай бұрын

I use and recommend Prosperity Enterprises. You can use my name as reference , they are very good at what they do 🏆

Hi, what would you say your net income and value of assets should be t for this to be worthwhile?

@louisreynhardt

3 ай бұрын

It's worthwhile starting with no assets. Remember you grow your assets with time. Imagine driving through town waiting for all the robots o be green. You will never get to your destination if you keep waiting.

Can you transfer a property you haven’t fully paid into a trust?

@louisreynhardt

3 ай бұрын

Yes absolutely, but It will have to be sold to the trust meaning there will be conveyancing cost involved.

Hi Louis, what company/professional did you use to register your trust?

@louisreynhardt

4 ай бұрын

I use and recommend Prosperity Enterprises. You can use my name as reference 👊🏻😎

@vuyokazi1797

4 ай бұрын

What is the ball park cost for setting up a trust? I’ve had law firms quote me 10k for a trust that will hold assets valued at less than R200k in value

+1 subscriber

@louisreynhardt

3 ай бұрын

Welcome my friend 🙏🏻🙏🏻

Is it legal to take another persons property without their knowledge or consenting into a family trust or property trust?

@louisreynhardt

3 ай бұрын

Not without the permission of the trustees. But its important to consult with a professional.

I have 3 trusts registered but have not used them for years are they still valid?

@louisreynhardt

3 ай бұрын

It will still be active, but remember you have to submit your taxes every year for the trusts and have financial statements. I would suggest reaching out to an accountant to find out what needs to happen.

Hi Louis, Thanks for the great information. Is it possible to transfer ownership of a house into a trust if you’ve bought under your name?

@louisreynhardt

4 ай бұрын

Thanks for watching. Yes it is. You will have to sell it to your trust which will incur transfer and registration cost. Or there is something known as a section 43 asset for share transfer If you want to use a company

@nomthandazokubheka3102

4 ай бұрын

Thanks so much

Which company did you use?

@louisreynhardt

4 ай бұрын

I use and recommend Prosperity Enterprises. You can use my name as reference

So once the Trust is set up/up and running you will not have a say as to how the Trust is managed but it will be managed by the trustees? Am I getting this right?

@louisreynhardt

4 ай бұрын

Yes rhats correct, but you can be one of the trustees effectively controlling it but not owning the assets in your own name

Hi Louis. Wat sal jy sê is die top 5 boeke om te lees oor eiendom?

@louisreynhardt

4 ай бұрын

Great vraag, daar is nie veel oor eiendom nie maar ek sou se RICH DAD POOR DAD RICH DAD POOR DAD CASH FLOW QUADRANT Enige of al brandon Turner se boeke van bigger pockets. Boeke van Jason Lee.

@jeankoen4014

4 ай бұрын

@@louisreynhardt baie dankie Louis. Waardeer jou reply.

Which company did you use brother

@louisreynhardt

4 ай бұрын

I use and recommend Prosperity Enterprises. You can use my name as reference 🙌🏻

@Innocent_1515

4 ай бұрын

@@louisreynhardt Alright thank you brother. I'll definitely use your name as a reference

How can i choose a professional who can help me set up a trust

@louisreynhardt

4 ай бұрын

I use and recommend Prosperity Enterprises. You can use my name as reference

What are the actual financial figures needed? Let’s make an example of the company you used in this process?

@louisreynhardt

4 ай бұрын

Sorry, just rephrase your question again ? Thanks

Which company did you use to setup your trust?

@louisreynhardt

17 күн бұрын

I use Prosperity Enterprises. They manage all my stuff. You can contact them and use my name as reference.

@MasterQ007

17 күн бұрын

@@louisreynhardt Baie dankie. I will check them out.

Just curious, how many bank accounts should we have?

@louisreynhardt

3 ай бұрын

You can still have your normal personal accounts, and you will have one for each entity. So if you have one trust ( property trust) you will need one account for that trust.

@smeagoltheunrealdeviant9357

3 ай бұрын

@@louisreynhardt Do You think that having 1 bank account is not safe? or is it fine for someone to have only 1 bank account?

@louisreynhardt

3 ай бұрын

Do you mean in your personal name ? Or in different entities. The bank accounts itself doesnt really matter, but the different entities are what gives you protection.

@smeagoltheunrealdeviant9357

3 ай бұрын

@@louisreynhardt I meant, is it smart to use just one bank account for saving money and spending money?

Hoekom praat jy in lettergrepe? Is dit omdat jy van n screen af lees? Either way, bly n goeie video. net moeilik om te volg met die lettergrepe.

@louisreynhardt

4 ай бұрын

As die uitspreking jou pla gaan jy sukkel om my videos te kyk . Ek is Afrikaans 🤣

@everydayshid

4 ай бұрын

Lol ek weet, ek ook. Goeie Vids... Skop Gat! @@louisreynhardt

@nomsaledwaba8931

3 ай бұрын

Louis is in die kant (Afrikaans kant)

@louisreynhardt

3 ай бұрын

@nomsaledwaba8931 Haha Im very Afrikaans 🤣🤣

Excuse me for going a little bit out of topic but are you married?

@louisreynhardt

4 ай бұрын

Yes I am married, why do you ask ?

@magaqetyuwa

3 ай бұрын

@@louisreynhardt Pity, I know someone who's smitten :)

@louisreynhardt

3 ай бұрын

@magaqetyuwa 🤣🤣🤣

Why is it not smart to include your name or surname in the trust name?

@louisreynhardt

3 ай бұрын

It just makes your bussiness more anonymous which gives you some extra protection. You can include your personal details. I just choose not to. Hope it helps 💪🏻

I use @The King's Chartered Accountants

@louisreynhardt

3 ай бұрын

💪🏻💪🏻