Recent content by vfarr

  1. V

    Property purchase using SMSF funds?

    Ato Wakes Up Finally I note the ATO has finally woken up and issued a tax payer alert on all this stuff. Basically it says - deosnt matter whether it is a loan or a warrant as long as it complies with s67 (4A). Importantly they say that personal guarantees are not acceptable. I guess...
  2. V

    Property purchase using SMSF funds?

    when is it coming Looking forward to seeing your product - i need to go in the next month and am looking closely at Calliva. When will yours be ready and where are the funds coming from?
  3. V

    Property purchase using SMSF funds?

    Guarantees are problematic Pat/Mike Regardless of whehter it makes sense or not commercially - the point I was making is that the guarantee is aproblem from a tax viewpoint. And in any event if you compare the no guarantee product (Calliva) to the others there is not much saving...
  4. V

    Property purchase using SMSF funds?

    Pat personal guarantees are a problem for super - if the guarantor does not get paid for giving th guarantee there is "non arms length" income - this is taxed at teh top marginal rate and so seems to defeat the purpose of investing in super!! Also the benefit of the guarantee (lower...
  5. V

    Property purchase using SMSF funds?

    calliva You are talking about their old product - look at the website www.calliva.com its a new loan relaunched just before christmas.
  6. V

    Property purchase using SMSF funds?

    super borrowing Great discussion - there isone lender I have found whowill do 70% lend to super with now personal guarantees. They are called Calliva and they apparently have money from th eroyal bank of scotland - trust those scots!! despite what others have written in this thread - it is...
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