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I am waiting for pre approval finance with St George so I know what IP options I have it has taken 2 mths, I have been held up by not progressing because my Payslips didn't show additional contributions so they could verify. The chap was quite good about it all, initially I didn't make it over...

Greedy, just looking to keep them for yourself. The question i was querying on was granny flats/ subdivide on large blocks. If your Super has 200 k and 100 k is used to service a LRBA and you are a builder by trade, how does it work if you improve by granny flat doing the work yourself in a pty...

More reading on the issue, it seems you can build a granny flat under the rules or improve using SMSF funds to do so. I suppose that also means build a Dual Occ as there isn't any difference between them. The issue starts when you want to separate them for greater gains on own title. You can't...

Bill, I was under a similar premise that it would be OK but its nothing to do with council its the ATO restrictions on property investment inside SMSF. If the property was bought with the DA approved etc then it would be OK but adding/subdividing isn't. There are many sources that say the...

Bill, I am interested in your info on the subdivide, what I have read this is not allowed under SMSF, if it was a single house it can be renovated and still a single house but if you buy a property and try to build mulitple units or second house the nature has changed of the investment. It...