In a previous post I covered the minimum balance myth.
Just now 4-5pm, a SMSF guy came to my office.
These are the facts:
1. Super balance $80k
2. Purchase price of property say $470k
Deposit paid already just about to settle and of course there seems to be an issue with finance (oh deeerrrrrr)
Anyone see the issue here?
Was 'sold' the property at a Park Trent seminar (ye guys, see you in court) and were 'recommended' the SMSF property by a Park Trent advisor. Unlicensed. Spruiker!
Ivans question: Dear XXX, do you have a AFSL, or are you a authorised rep of an AFSL holder? They **** themselves, more to come.....
Cheers, Ivan
Just now 4-5pm, a SMSF guy came to my office.
These are the facts:
1. Super balance $80k
2. Purchase price of property say $470k
Deposit paid already just about to settle and of course there seems to be an issue with finance (oh deeerrrrrr)
Anyone see the issue here?
Was 'sold' the property at a Park Trent seminar (ye guys, see you in court) and were 'recommended' the SMSF property by a Park Trent advisor. Unlicensed. Spruiker!
Ivans question: Dear XXX, do you have a AFSL, or are you a authorised rep of an AFSL holder? They **** themselves, more to come.....
Cheers, Ivan