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One strategy which is hardly ever used by SMSF trustees : Purchasing your retirement home by your SMSF using borrowing. Most people do not want to live in their current home after they are 65, so instead of purchasing your retirement home when you get to 65 - it can be cheaper if you buy it now...

When you purchase a property for investment purposes and when interest is more that rental income, or when gearing is negative, it creates a loss which can reduce other income such as wages and reduce the tax which we pay. Tax rate above $80K income is 40% + medicare levy So If my loss...

At the end of each holiday season, we come home to begin another year, some don’t. Early in this year, I got a call from a very old good friend, who lost both his clients in an overseas car accident. Joint deaths can create a very difficult situation specially when there are only two individual...