Hi
I have a PPOR that I am looking to demolish, then sub divide the land into to separate blocks to build two separate units. (ie. unit 1 & 2)
My intention's are to live in one of those units permanently (ie. unit 1) and then just rent the other one out (ie. unit 2).
Then longer term...
Hi guys
I hope that you are well.
I wanted to seek the advice of the forum if anyone had been presented with a similar opportunity as I have over the last few days
I undertook a major renovation to my home last year (ie. as an owner builder) and did hire a builder to undertake the work...
Hi
I am looking to borrow funds to potentialy purchase a residential property through my SMSF.
Has anyone any preference in terms of lenders (ie. who is the best is this field).
Unfortunately I dont have alot of time to investigate myself so thought someone on the forum may have gone a...
Good afternoon Simon
Again thanks alot for your response it was most apprciated. However I was particulary interested to found out more with regard to your comment ie.
"Using the right structure it is unlikely that you would need to pay stamp duty twice".
Would you be kind enough to...
Good afternoon Simon
Again thanks alot for you response how I was particulary interested to found out more with regard to your comment
"Using the right structure it is unlikely that you would need to pay stamp duty twice".
Would you be kind enough to elaborate of how I could achieve...
Gidday afternoon Simon
Thanks for the reply.
I am looking to purchase this property in the next couple of weeks (ie. through the my Super fund). Then when we are ready to move back to Sydney to transfer the property into my name.
Regards
Alan
No I havent purchased it as yet but I am thinking about it. (ie. through my SMSF orginally and then me buying it off my SMSF later on)
Can you suggest anyone that I should be talking to
Thanks
Hi Terry
I have a SMSF already setup admittedly all the funds at sitting in a term deposit at the moment. I would if I decided to purchase the property obtain the balance monies required through a loan.
Then rent the property out for a year or so and then when we have sold our PPOR in...
Thanks to you all for the feedback.
So apart from having to pay the stamp duty twice (ie. once as the SMSF (ie. orginal purchaser and the second as an individual). I wouldnt be breaking any laws from purchasing the property from the SMSF at a later date and holding it as my PPOR.
Cheers
Thanks for the reply Terry.
Just to clarify and to ensure that I understand you correctly. If I did infact buy the property through my SMSF in the first instance.
Then lets say in a year's time my family and I are ready to move back to Sydney (ie. we have completed & sold my PPOR in...
Hi guys
I was wondering if anyone might be able to offer me any advice.
My are family and I currently reside in our own home in Melbourne (ie. mortgage free) which is currently valued around 750K-800K.
Over the last 6 mths or so we have undertaken a pretty extensive renovation and we...
Thanks for pointing that out to me I didnt realise that I had written duplexes it was supposed to be townhouses.
My wife did have the same discussion sometime ago as I originally thought duplexes would be the way to go. However we then decided that townhouses would be the way to go given...
Hi everyone
Currently looking to demolish an existing weatherboard home and building two new duplexes on seperate titles.
Havent got to the stage of obtaining quotes from builders as yet but considering going with a larger company (ie; Metricon).
From experience would anyone suggest...
Good afternoon all
Happy NY to you all.
I am new member to this web site and was wondering if anyone could offer me some advice.
I am currently employed full-time (ie; the last 13 years in the same position) however my circusmstances will be changing in the next few months.
So I am...