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Hi MIW Yes in Qld the Trustee is noted on the Contract. Also the date of the Security Trust is important to avoid double duty. There are a couple of ways round this depending on who you use to prepare the Deed.

Shahin totally agree. We do a lot of SMSF lending and still cannot get over the number of times the Solicitor preparing the Purchase Contract has the entity buying the property incorrect.

Oc1 It gets better than that. As long as the development was not considered as running a business if the asset is retained for 366 + days then CGT inside Super is only 10%. I have done many a small development inside my Super Fund. Also done a bit of short term lending and vendor...

Have to disagree. We have done around 140 SMSF deals since 2008 and have seen a marked change in lenders serviceability models. The increase to 9.25% employer contributions from July 1 has helped and the deeming rate used by many of 3% has also increased borrowing capacity. With Tax...