Hi Montronic
I presume it is your folks' primary residence and if so capital gains tax will not be an issue. Do you know whether or not they are married in or out of community of property? If in, then the proceed and profit is shared and if the plan is to donate it to you, it is R100k per year each.
If not, then 50% can be donated to your Mom without donations tax issues (between spouses) and they can still donate R100k per year each to you.
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