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It has certainly been a valuable lesson in buying property in the right entity and making sure the finance is set up correctly.

Capital Gains tax is not going to be an issue at the moment cause there is none! :rolleyes: We bought in July 2008 just before the crash. I beleive that the property is worth keeping because of the yield but am finding that the fact it is unencumbered and banks won't use it as security due to...

Thanks MJA I did suspect that it would be a no no. The under 50 sqm is proving to be a real pain. Will chalk that one up to experience!

Is this possible? We have a property that we would ideally like to move into our SMSF and have a few questions for those with expertise in the area. 1. While I understand that you can't transfer or sell property that you own in your own name directly to a SMSF but could you legally sell...