Search results

  1. Terry_w

    Need to know more SMSF to buy a property

    You may also consider joining with others - but get some advice about this as many issues. A SMSF can have up to 4 members.
  2. Terry_w

    Need to know more SMSF to buy a property

    I would suggest that is not enough of a balance to start a SMSF. You need money for set up cost, stamp duty and lender fees and you also need a buffer. And don't forget it may take a few weeks to find a tenant. And other costs such as a depreciation schedule report, a few repairs etc. You will...
  3. Terry_w

    Need to know more SMSF to buy a property

    Once 20% deposit is paid the property should be positively geared so it may only be tying up 25% of the value of the property and the rest of the SMSF cash be be used to invest as per normal - or keep in the offset account. SMSF can negatively gear too. A taxable loss can be used to offset...
Back
Top