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Thanks heaps to all respondee and to the funny ones, you made me laugh. You have put back my faith that there are still good people around. BTW I asked hubby to ask the accountant by email, account replied only 'yes, provided you are not doing it as a property developer', I think what he...

Hi fellow investors, My hubby and I acquired an IP through SMSF. We didn't get good advice from our SMSF adviser prior to buying so we bought an old house with the plan of knocking it down and building 2 townhouses. I recently spoke to a financial adviser from Sydney who said that there is a...