Today, you'll learn all about Properties in C# We'll take a look at MSDN's definition of a property. Then we'll look at some of the more primitive ways of accessing a private field, using standard class methods. After that, we'll declare our very own property, complete with 'getter' and 'setter' accessors. And finally, we'll access our property in a class. We'll also be looking at the 'get', 'set' and 'value' keywords, and we'll look at the Microsoft doc's explanation of them. Plus we also take a look at auto-implemented properties As always Ace, I want to thank you so much for your continued support, with your comments, ratings and subscriptions. It really means a lot to me and keeps me motivated to create these videos for you. Enjoy :) [ Info ] Email ~ [email protected] Music ~ [Lensko - Heaven] https://www.youtube.com/watch?v=T3iSD8L0MUo Subscribe ~ http://www.youtube.com/channel/UC1Ff3gOuY3FiijhhjFZmKAw?sub_confirmation=1 Share Video ~ https://youtu.be/_jbdVayepNE Channel Files Git ~ https://gitlab.com/RetroTK2/Channel-Files.git Channel Files ~ https://gitlab.com/RetroTK2/Channel-Files/repository/archive.zip?ref=Channel
Views: 14646 RetroTK2
A is for Auto Auto is the default value for dimension properties width and height. Setting margin:0 auto and a width or max-width allows a block of content to be horizontally centered on the page. There is a subtle difference between width:auto and width:100%. When combining width:auto with padding, the width is automatically calculated and takes the padding into account - whereas width:100% sets the width to 100% of the element’s parent with padding added additionally. In CSS positioning, top and left take priority over bottom and right. If you need to override a previously declared top or left position, they first need to be set to auto. https://www.sitepoint.com
Views: 4583 badell maman
This tutorial shows how to set default values in an Access database. Watch more at http://www.lynda.com/Access-tutorials/Access-2013-Essential-Training/115857-2.html?utm_medium=viral&utm_source=youtube&utm_campaign=videoupload-bus-mlFwMPjyebc. This tutorial is a single movie from the Access 2013 Essential Training course presented by lynda.com author Adam Wilbert. The complete course duration is 5 hours and 6 minutes and shows how to build and maintain databases with Access Introduction 1. Getting Started 2. Creating Tables 3. Setting Field Properties 4. Organizing Records 5. Using Queries 6. Working with Specialty Queries 7. Creating Forms 8. Designing Forms 9. Creating Reports 10. Working with Macros 11. Integrating Access with Office Suite 12. Maintaining the Database Conclusion
Views: 42117 LinkedIn Learning
Learn how to set field default value for a table field or for a control on a form in MS Access.
Views: 16610 Helpfolder
In this Microsoft Access tutorial you will learn how to use the Default Value field property to have the current date and time automatically inserted into your new records. This is great for keeping a work log, entering orders, and anything else that involves a time/date stamp. This topic and lots more like it are covered in my Access 2010 Beginner Level 3 tutorial. You can find out more about this full course here: http://599CD.com/XHCLQA
Views: 10962 PC Learning Zone - Computer Training
This is a video tutorial about DefaultIfEmpty Extension Method with Custom Default Value in c#/csharp dotnet.
Views: 77 FWAIT
In this video you will learn how to set default value for database column in Hibernate using a demo project. Below is the GitHub link to download source: https://github.com/kishanjavatrainer/DefaultValueForDatabaseColumnExample.git
Views: 538 KK JavaTutorials
See a higher quality video on TechTutor.TV! A default value can be entered for any field in Microsoft Access 2007 so that value in that field will remain the default for any new record that is entered. Watch this video tutorial to find out how to set a default value in Access 2007. See higher quality tutorials all for FREE at http://www.techtutor.tv
Views: 10922 TechTutor.TV
Excel VBA UserForm TextBox Learn how to set default value in the Properties Window
Views: 4584 InAnOffice
About This Video: In this video learn how you can set default values on fields/properties when new entities are created in your LightSwitch applications. To discuss and ask questions about this video, go to the Visual Studio LightSwitch - General forum. http://social.msdn.microsoft.com/Forums/en-US/lightswitch/threads And if you missed them, you can access all the "How Do I" videos here: http://msdn.microsoft.com/en-us/lightswitch/gg604823 Presented By: Beth Massi http://blogs.msdn.com/b/bethmassi/
Views: 3858 Cường Đỗ Xuân
How to set default value in combobox c#?? SelectedIndex property is used to set the default value of ComboBox…. [Please note that Index Starts from Zero] Background Sound: https://www.bensound.com/ It means… First item has 0 index Second item has 1 index Third item has 2 index And so on.. [If no Item is selected, -1 is returned by the SelectedIndex property]
Views: 4563 Dot Net Akadmy (DNA)
In this tutorial, we will see how to : 1. Bind the data to the select list in Angular 5/4 using ngFor 2. To get the selected value from the dropdown list 3. To set the default value of the dropdown list 4. Call a custom function on the change event of the dropdownlist
Views: 41172 Techie Ocean
Check out my Blog: http://exceltraining101.blogspot.com This video shows how to create a basic form feature where you can choose a default value based on another selection or enter in one that is different from the default option. P.S. Feel free to provide a comment or share it with a friend! #exceltips #exceltipsandtricks #exceltutorial #doughexcel --------------------- Excel Training: https://www.exceltraining101.com/p/training.html Excel Books: https://www.amazon.com/shop/dough
Views: 14857 Doug H
http://www.trainsignal.com/Microsoft-Office-Training.aspx?utm_source=YouTube&utm_medium=Social%20Media&utm_campaign=YouTubeOffice%20Referral&utm_content=access%202007 Save time by learning how to add default values to a table in Microsoft Access 2007.
Views: 4822 TrainSignal is now Pluralsight
CSS Properties and Styling Tables auto - The default value. auto makes the widths of the table , th , and td elements adjust automatically to fit the content. ... fixed - If a table is fixed , then the first table row determines the size of all the following rows.
Views: 39 Waqas Maqbool
This Video will teach you How to set first value (default value) in spinner as empty. Means, until the user selects value from list, spinner will have no value. Download Code Here https://drive.google.com/open?id=1K_bhMwjwb31izBjjEP9vMvxVtfTcF9mp android,android programming,android development,android tutorial,android example,android error,android studio,xml error,fix error,fix android,fix xml,android,android spinner,android spinner sort,android recyclerview,android recyclerview sort,android recyclerview spinner,android recyclerview spinner sort,android tutorial,jasper reports,jaspersoft studio,jaspersoft,default value for null,set 0 for null,2017,android,android apps,android apps programming,android development,android development for beginners,android studio,android studio tutorial,android tutorial,apps programming,beginners,how to make android apps,how to make apps,java,tutorial,android spinner,android spinner dropdown,android spinner adapter,android dropdown,android drop down,android drop down list,android drop down menu,android drop down button,android dropdown example,learn to code,spinner,android,android studio,android spinner,android tutorial,Spinner with an empty default selection,Can anyone help me to set spinner value to null or to hint?,How to set Spinner default value to null?,how to set default value,android concepts,android basics,android tutorial,android course,android introduction,android lecture,android for beginners,advanced android tutorial,android video tutorial,learn android,what is android,edureka,android fundamentals,android class,edureka android,android,android training,android lesson
Views: 13350 Sasasushiq
TrainerLori shows you how to take Access to the next level by controlling what data appears in the table and how that data is formatted in this brief tutorial. Set field properties once and every form and report will reflect the change: defaults, decimals, required data, formatting and even how to update with today's date.
Views: 72718 TrainerLori
Excel VBA UserForm TextBox Learn how to set default value (using VBA) The code used in this video: Private Sub UserForm_Initialize() txtName.Value = "Your Name" End Sub
Views: 11397 InAnOffice
We have added the capability to auto-create objects by using the Object Reference column type within a data table or sequence table. When a column is of type Object Reference (i.e., Object, Entity, Node or Transporter), there are additional properties, including Object Type, Default Value Instantiation and Initial Object Offset values that can be used to automatically create specific objects within the Facility window. When the Object Type property of the Object reference column is specified as an object, such as ‘TransferNode’ for a Node reference or ‘Worker’ for a Transporter reference, then the Default Value Instantiation property becomes editable. When Default Value Instantiation is set to ‘AutoCreateInstance’ (instead of ‘None’ which is the default value), then all objects specified within the Object reference column of the table will be automatically created. The Initial Object Offset values for X, Y, Z locations in the Facility window can be specified as the default of 0,0,0 or a real/integer value. These location values can also reference a real/integer column within the same table, where the objects have different location values and are place accordingly within the Facility window. *Note: This is the first in several enhancements for easier data driven model building. *
Views: 146 SimioSimulation
We now allow for specifying default values for repeating group properties within repeat groups. We have added a new Default Tuples property to the repeat group definition which will open a tuple/repeating property editor, where each tuple will be a list of property definitions under the repeat group. Just like in the regular Default Value property, the user only enters strings and there is no editing context or expression validation.
Views: 144 SimioSimulation
In this Microsoft Access Tip, I'll show you how to use a combo box in a form header to set a default value for new records. We have a whole class of students coming in for the new year, and we need to assign each student to a teacher without having to do it manually for each student. Learn more Access at: http://599CD.com/X0VOJZ
Views: 14405 PC Learning Zone - Computer Training
C#, SQL Server, WCF, MVC and ASP .NET video tutorials for beginners http://www.youtube.com/user/kudvenkat/playlists In this video we will discuss about retrieving the selected item text, index and value from an asp.net dropdownlist. To retrieve Selected Item Text: DropDownList1.SelectedItem.Text Selected Item Value: DropDownList1.SelectedItem.Value OR Selected Item Value: DropDownList1.SelectedValue Selected Item Index: DropDownList1.SelectedIndex The SelectedIndex and SelectedValue properties of the DropDownList can also be used to have a list item selected in the DropDownList.
Views: 163544 kudvenkat
In this video we will discuss 1 Working with a checkbox control in Angular Template Driven forms 2. How to have a checkbox checked by default 3. How to disable a checkbox Working with a checkbox in Angular is very similar to working with a radio button. We want to include "Is Active" checkbox in the Create Employee form as shown below. When we check the checkbox, "isActive" property should reflect in the Angular generated for model. Also, when we click the "Save" button we want the "isActive" property value to be logged to the console. To achieve this all you have to do is include the following HTML in create-employee.component.html file. Please replace [ with LESSTHAN symbol and ] with GREATERTHAN symbol [div class="form-group"] [div class="form-control"] [label class="checkbox-inline"] [input type="checkbox" name="isActive" [(ngModel)]="isActive"]Is Active [/label] [/div] [/div] If we include "checked" attribute on a checkbox, we expect checkbox to be checked by default when the form initially loads. But you will discover that is not the case. [input type="checkbox" name="isActive" [(ngModel)]="isActive" checked]Is Active However, if you remove the "ngModel" directive from the checbox, then it gets checked as expected. Notice the "ngModel" directive is removed from the checkbox. [input type="checkbox" name="isActive" checked]Is Active With Angular Template Driven forms, we use "ngModel" directive for two-way data binding. So the moment we put it back in place the "checked" attribute does not work. To make it work include "isActive" property in the component class and initialise it to true. isActive = true; At this point you will have "IsActive" checkbox checked by default when the form loads. Now, even if we remove the "checked" attribute from the checkbox it is still checked by default when the form loads. This is because of the two-way data binding that we get with "ngModel" directive. For our form we do not want the checkbox to be checked by default, so remove the "checked" attribute and the "isActive" property from the component class. How to disable a checkbox : To disable a checkbox, use the disabled attribute [input type="checkbox" name="isActive" [(ngModel)]="isActive" disabled]Is Active Another important point to keep in mind. By default, disabled form controls are not included in the Angular auto generated form model. Since, the "Is Active" checkbox is disabled, it will not be included in the Angular generated form model. In our form, we do not want the checkbox to be disabled, so please remove the disabled attribute. Text version of the video http://csharp-video-tutorials.blogspot.com/2018/01/bootstrap-checkbox-in-angular.html Slides http://csharp-video-tutorials.blogspot.com/2018/01/bootstrap-checkbox-in-angular-slides.html Angular CRUD Tutorial https://www.youtube.com/watch?v=rJ9o4TyhSuo&list=PL6n9fhu94yhWUcq5Pc16uf8YKXoZ87Vh_ Angular CRUD Tutorial Text Articles & Slides http://csharp-video-tutorials.blogspot.com/2017/12/angular-crud-tutorial.html All Dot Net and SQL Server Tutorials in English https://www.youtube.com/user/kudvenkat/playlists?view=1&sort=dd All Dot Net and SQL Server Tutorials in Arabic https://www.youtube.com/c/KudvenkatArabic/playlists
Views: 30117 kudvenkat
Demonstrates how to insert a drop-down list, a fill-in text box, and how to ensure users can't alter your work.
Views: 108754 Class Videos by D. Sayble-Thornbrugh
C#.NET Value Types and reference types Part 2 Default Values-all about c# ============================================= This is a tutorial of C#.NET for absolute beginners. We will learn all about C#.NET – from absolute beginner’s level to advanced level. We will cover all the main features of C#.NET. If you feel any problem then feel free to comment your question below and I will try to give solution. Thank you, best of luck. Today we will cover – -------------------------------------- Data types- alias and main .NET framework types Value types Reference types Default types of the value types and reference types ====================================== Subscribe to our channel https://bit.ly/2v1O4Dq Web site programminghub157519817.wordpress.com =============================================== Our twitter link https://twitter.com/malay9836520821 Face book link https://bit.ly/2JORbUJ Our Google+ link https://plus.google.com/u/0/ =============================== OTHER VIDEOS OF THIS CHANNEL ---------------------------------------------------------- Learn Visual Studio 2017- C#.Net Tutorial -All About Data Types- https://youtu.be/ZXrGKviu9NU Keyword Literal and Identifier in C#.NET verbatim string literal https://youtu.be/EMv0EqImxZE SOUND CREDIT =============== The Wrong Time 2:53 Silent Partner – Royalty Free MUSIC ============================== Value Types and Reference Types Value types and Reference Types in C# - C# Tutorial C# Value Types vs. Reference Types Advanced C#: Lesson - Value types vs Reference types Differences between Variable Instance and Reference | C#.NET Tutorial | Value type and reference type objects in C#.Net C# Tutorial - Difference between classes and structs in c#. C# Tutorial - Value vs Reference Types C# C# Tutorial - Interfaces in c# Value Type and Reference Type in C# ( Data Types in C#.net ) ========================================== tags c#, value types, reference types, tutorial, value type, reference type, c# net value type and reference type, default values, c# default values, difference between value types and reference types in c#.net, c# training, c# value types and reference types, value types vs reference types, data types in programming, free c# tutorial for beginners, c# tutorial for beginners, c# for beginners, c# 6.0 features, c# tutorial, programming, learning, online c# tutorial, c# video tutorial, data type
Views: 16 Programming Hub
What is LOAN-TO-VALUE RATIO? What does LOAN-TO-VALUE RATIO mean? LOAN-TO-VALUE RATIO meaning - LOAN-TO-VALUE RATIO definition - LOAN-TO-VALUE RATIO explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. The term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property. For instance, if someone borrows $130,000 to purchase a house worth $150,000, the LTV ratio is $130,000 to $150,000 or $130,000/$150,000, or 87%. The remaining 13% represent the lender's haircut, adding up to 100% and being covered from the borrower's equity. The higher the LTV ratio, the riskier the loan is for a lender. The valuation of a property is typically determined by an appraiser, but a better measure is an arms-length transaction between a willing buyer and a willing seller. Typically, banks will utilize the lesser of the appraised value and purchase price if the purchase is "recent" (within 1–2 years). Loan to value is one of the key risk factors that lenders assess when qualifying borrowers for a mortgage. The risk of default is always at the forefront of lending decisions, and the likelihood of a lender absorbing a loss increases as the amount of equity decreases. Therefore, as the LTV ratio of a loan increases, the qualification guidelines for certain mortgage programs become much more strict. Lenders can require borrowers of high LTV loans to buy mortgage insurance to protect the lender from the buyer default, which increases the costs of the mortgage. Low LTV ratios (below 80%) carry with them lower rates for lower-risk borrowers and allow lenders to consider higher-risk borrowers, such as those with low credit scores, previous late payments in their mortgage history, high debt-to-income ratios, high loan amounts or cash-out requirements, insufficient reserves and/or no income. Higher LTV ratios are primarily reserved for borrowers with higher credit scores and a satisfactory mortgage history. Full financing, or 100% LTV, is reserved for only the most credit-worthy borrowers. The loans with LTV ratios higher than 100% are called underwater mortgages. Combined Loan To Value Ratio (CLTV) is the proportion of loans (secured by a property) in relation to its value. The term "Combined Loan To Value" adds additional specificity to the basic Loan to Value which simply indicates the ratio between one primary loan and the property value. When "Combined" is added, it indicates that additional loans on the property have been considered in the calculation of the percentage ratio. The aggregate principal balance(s) of all mortgages on a property divided by its appraised value or Purchase Price, whichever is less. Distinguishing CLTV from LTV serves to identify loan scenarios that involve more than one mortgage. For example, a property valued at $100,000 with a single mortgage of $50,000 has an LTV of 50%. A similar property with a value of $100,000 with a first mortgage of $50,000 and a second mortgage of $25,000 has an aggregate mortgage balance of $75,000. The CLTV is 75%. Combined Loan to Value is an amount in addition to the Loan to Value, which simply represents the first position mortgage or loan as a percentage of the property's value.
Views: 8193 The Audiopedia
best easy ways to get the last table auto row identity value from sql server, using select table using @@identity property and SCOPE_IDENTITY(), IDENT_CURRENT('tablename')
Views: 638 Haritha Computers & Technology
Views: 166 Ankpro Training
Hi Guys,My Name is Naushad,and This Video is 16th Part of MVC Training as Professional,in My Channel i Created More Then 50 Video For as Professional MVC Developer,Kindly Go Through Part by part. if you have any Query, Kindly Add as comment and also send me mail on [email protected] I hope you are enjoying for watching Training of MVC Professional.
Views: 549 Naushad Nandoliya
- The css flexbox makes it easier to design flexible responsive layout structure without using float or positioning. The flex-basis property specifies the initial size of a flex item. - The default value for flex-basis is auto; - flex is a shorthand for flex-grow, flex-shrink and flex-basis. - flex shrink and flex basis are optional. - The default value for flex is: flex: 0 1 auto; Part (1): https://www.youtube.com/watch?v=IVZTjmZI0CM Part(2): https://www.youtube.com/watch?v=cf414A-F20I Part(3): https://www.youtube.com/watch?v=XrzMTwpC1tk Part(4): https://www.youtube.com/watch?v=WFiXQriMjQc Part(5): https://www.youtube.com/watch?v=S4XkQOKOBwo Part(6): https://www.youtube.com/watch?v=-j0752ioTOY Part(7): https://www.youtube.com/watch?v=lsS3-AkZiaU Part(8): https://www.youtube.com/watch?v=-4Ufyg-KriE Part(9): https://www.youtube.com/watch?v=l-d2ONaY3BE More: https://annsaid.com/
Views: 40 Ann Said
http://www.ericthecarguy.com/ This video has been a long timing coming and is one of the most requested things I get is about batteries going dead overnight so I'm very happy to finally bring you this video about the process of finding a parasitic draw which is a small drain on a battery above 50ma when the vehicle is shut off. Once you find the right fuse(s) the next step is to trace the components involved in that circuit till you find the source of the draw, you first start with a wiring diagram to give you an idea of where to start looking and then start unplugging things in that circuit to isolate the cause, it's quite scientific really a simple process of elimination. Here is a link to BBB's site that you can use to look up wiring diagrams for your application. http://www.bbbind.com/tech_database.html Good luck and if you have anymore questions check the database on my website and if you don't find what you're looking for there then post your question to my forum, here's a link. http://www.ericthecarguy.com/forum/default.aspx --- Click below and Stay Dirty Visit me at EricTheCarGuy.com http://ericthecarguy.com/ Visit EricTheCarGuy Forum http://www.ericthecarguy.com/forum/default.aspx Visit my Facebook Page: http://www.facebook.com/EricTheCarGuy --- Be safe, have fun, and stay dirty ETCG Due to factors beyond the control of EricTheCarGuy, it cannot guarantee against unauthorized modifications of this information, or improper use of this information. EricTheCarGuy assumes no liability for property damage or injury incurred as a result of any of the information contained in this video. EricTheCarGuy recommends safe practices when working with power tools, automotive lifts, lifting tools, jack stands, electrical equipment, blunt instruments, chemicals, lubricants, or any other tools or equipment seen or implied in this video. Due to factors beyond the control of EricTheCarGuy, no information contained in this video shall create any express or implied warranty or guarantee of any particular result. Any injury, damage or loss that may result from improper use of these tools, equipment, or the information contained in this video is the sole responsibility of the user and not EricTheCarGuy.
Views: 2291756 EricTheCarGuy
http://REtipster.com/how-to-do-your-own-title-search/ One of the most crucial steps to closing on any real estate transaction is the title search. As an investor, you need to do prudent research and be 100% sure that the person you're buying from has a clear title to the property. You need to ensure that you're getting a deed and paying the actual property owner (not somebody else who thinks they own the property, or is lying to you and claiming that they own it). When I bought my first house, this whole concept really confused me and if you're new to real estate, it may seem confusing to you too... Why A Clear Title Matters In a lot of ways, it's a similar process to buying an car. Suppose you see a car parked in someone's driveway with a "FOR SALE" sign in the window. The car looks nice, so you walk up to the house, knock on the door and say "I saw this car parked in your driveway, is it yours?" The person replies, "No, but I'll sell it to you for $10,000!" There's obviously something wrong with this picture. A person can't sell something they don't legally own -- and while it sounds like a ridiculous conversation, you'd be surprised at how often I've come across situations just like this in the real estate business. How does this kind of issue come up in the first place? There are a lot of ways but most often, I come across people who have inherited property from their parents or relatives and somewhere along the way, the proper paperwork was never filed to give them the legal right to sell the property. Other times, people buy properties without doing their own due diligence and then THEY get stuck with a property without a clear title. One way or another, people can end up with their name on the tax bill (and in some cases, on the actual deed), but somewhere in the "chain of title" (as recorded in the county's historical documentation of the property) the property wasn't transferred correctly from seller to the buyer. Another key reason you'll want to do a title search is to make sure there aren't any liens or mortgages on the property. Especially when you're offering people a very small amount of cash for their property (like I tend to do), there will be times when they conveniently neglect to mention that they have a $100,000 mortgage or $20,000 construction lien that is still tied to that property. If you fail to catch this in your title search before closing on the deal, these issues will fall into your lap along with the property. If you make enough offers and buy enough properties, you will eventually run into this issue. When you do, it's usually a problem that doesn't have a quick or easy solution. Knowing When It's Worth The Price Admittedly, doing your own title search will open you up to some risk. There is always the possibility that you'll miss some crucial piece of information along the way. However, I have done a few dozen title searches on my own over the years and I have never been burned by it. As a personal rule -- the only time I do my own title searches is when the expected market value of the property is less than $10K (i.e. -- we're talking exclusively "rinky dink" properties here). As soon as I start dealing with substantial deals in the tens of thousands, I never leave it to chance. At that point, the cost of a full-blown title insurance policy is more than worth the cost. #retipster #sethwilliams #landinvesting #realestateinvesting #realestate
Views: 244982 REtipster
This video talks about Retrieve the last generated identity column value in SQL Get the last generated identity column value difference between @@Identity ,Scope_Identity and Ident_Current in SQL @@Identity ,Scope_Identity, Ident_Current in SQL SQL @@Identity ,Scope_Identity, Ident_Current sql @@Identity Sql Scope_Identity Sql Ident_Current @@Identity in SQL Scope_Identity in SQL Ident_Current in SQL Identity column in sql server Part of SQL interview questions SQL training SQL Tutorials
Views: 511 Training2SQL MSBI
This video explains how to expand a logarithmic expression in order to evaluate the expression based upon given values. Site: http://mathispower4u.com Blog: http://mathispower4u.wordpress.com
Views: 25989 Mathispower4u
VIDEO TRANSCRIPT: Option one is default - most people buy a property into their own name. Very simple, it's in your name. The problem is if you run in to trouble you could lose your home. If you pass away, property is caught up in your frozen estate. Your spouse, your dependents, other persons, children, don't have access to this asset until such time as your estate is wound up. That could take anything from about eight, nine months to one, two, three, four, five years. You're going to be creating serious hardship for whoever's going to be needing to access that property or the rentals, or whatever the case is. It's a pretty expensive exercise to die, so try and avoid it at all costs, but your death will cost you capital gains tax. The maximum rate at this point is 13.6%. It's a fairly huge chunk that's going to be coming out of any growth of the property, so one must bear that in mind if the property's in your name, on your demise. On top of that, your estate - not you - will be subjected to executors fees also at a maximum legislated rate of 3.5% plus VAT, just under 4%. Again, a massive chunk. And the kicker here is for you to consider that this is a charge on the gross value, not on the net value. Suddenly, that's a massive cost on a small percentage. This seems pretty harmless. Other options are closed corporation, or Pty Limited. A lot of people do consider this as an option because it is a known type of entity. SARS pretty much has settled the taxation around this, so there's some level of comfort. The problem with this is a closed corporation or company is not the ideal residential property owning entity because you will eventually pay too much tax as well compared to a Trust. Pty CC, your tax rate is 28% to get the cash out of the company, or the CC you'll be paying a further dividends tax, bringing you effectively to a tax rate of 38.8%. Also, a default position is you can have a Trust owning a company that, in turn, owns your property. You are creating extra costs which you can possibly avoid by having a more simplified structure. Not a great structure - a CC or Pty - if you are ever selling a property because you're going to end up with a huge capital gains tax problem in the company of the CC at an effective rate of 18.6%. To get your hands on the profits after tax, costs you a further dividends tax of 15%, bringing your total tax bill to just under 31%, so that's ouch. In your personal name, the tax is a little bit better, but you have exposure to creditors, you have got issues on death, you have no continuity. CC Pty is solving some of the problems, but not ideal from a tax perspective. Then, we come to the mythical Trust. Default position though is it's an old entity, it's been around forever, in this country almost 200 years. A Trust very simply is like a vault. You're going to acquire your property into this entity. The tax is brilliant in this structure because you can move the income out of a Trust. Even though it is an entity with the highest tax rate at 41% after the new budget a couple of weeks ago, the Trustees have got the election to push any rental income down to beneficiaries, who then pay at their own marginal rates. Also, capital gains tax wise, if you distribute your gain to a beneficiary, it's going to be quite tax effective.
Views: 51705 Private Property