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Young_Gun While I don't want to discourage your enthusiasm, I'm also having a feeling you might be trying too hard too quickly- without some of the financial skills you're really going to need later on. You've mentioned that you have the ability to save $15K-$20K pa- but that you haven't...

That could be a possibility. I guess I'd just assumed that, at your age, your father would be in his 40s. I have a friend who is 55- he saves tax by taking money out of his super and putting it back in again.

Young Gun It would be very difficult for your Dad to be allowed to use his super fund money in the way you suggest- and he does need to be extremely careful. An SMSF CANNOT be used to borrow or lend money. I've heard that it can be possible for an SMSF to go into a joint venture with...