Recent content by Bill_R

A unit my partner has at Main beach has dropped from $503,000 in 2006 to $445,000 in January 2010. They say prices went up by about 4.9% in March 2010. The market lags behind others and is highly influenced by overseas investors. Confidence seems to be increasing and new development around...

Situation: IP Property is rented out. 71% of property is owned by a SMSF. and 29 owned personally by the Trustees of the SMSF. Where should income from the IP be paid to? Can it be paid to a personal joint account of the trustees?

thanks MJ - much appreciated. some clarification would be appreciated. Are all funds transferred as noted to the Super Fund's account regarded as "contributions"? My impressions are that he transferred my gf's personal loan and other funds to the Super Fund while considering them as a...

My girlfriend is a Trustee in an SMSF with her ex partner. They have been separated for just over 2 years. In 2006 they decided to purchase a Gold Coast Unit and to have both personal and joint ownership of the Unit with the SMSF. This is how he arranged it: He transferred her existing...