We already have a SMSF bank account. Do we need to set up a bare trust bank account for purchasing a property? When I make deposit and B&P...
If I have already bought a house under an existing bare trust with corporate trustee, do I need to set up another corporate trustee to buy the...
Some lenders require 5% buffer for a SMSF loan. Once I get the loan, is it mandatory to keep the 5% buffer? Does the lender audit it periodically?...
Do wall cracks affect getting a loan from the lender? The building and pest report identified some cracks on the walls of the house ( attached...
We initially lent about $100k to our family trust to purchase an IP. After a year, we refinanced the property and cashed out $70k. Can we use the...
Does the property loan need to be reviewed by the lender if the government buys some land from the owner of a property for road construction? Thanks
Does SMSF allow for replacing the kitchen in a house? Thanks
We purchased a property under my wife's name but both of us are on the loan. Does the Mortgage Form needs to have both our names on it or should...
If I move out of our PPOR (house 1) and move into an IP(house 2), can I still get 6 year capital gain tax exemption on house 1 for tax purpose? If...
I have put a Tasmanian property on the market for sale, it is currently under contract. I have found another property in WA for security swapping....
Are the setup costs of a family trust with a corporate trustee for property investment tax deductible? The costs include company registration fee,...
There is a rusty spot around the drain of the bathtub. The tenant never uses the bathtub. He has lived there for about 7 years now. Shall I just...
I have renovated my IP for sale. It is currently vacant. 80-90% of potential buyers are looking for a home to live in. Is it worth spending...
I need to set up a SMSF bank account for the future property investment. Which bank would you recommend? I am considering Rabobank, Macqurie and...
Usually the lender requires putting some money aside as contingency when they lend the money, e.g. minimum 5%. Can I invest the 5% in shares?
I am setting up an SMSF in NSW, which has bare trust with a corporate trustee for borrowing money from a lender. I intend to buy a property in QLD...
Do the lenders' security swapping policies allow for swapping an IP with a PPOR? e.g. Someone sells a PPOR for $1M and then buys an IP for $1M...
My accountant said that SMSF residential home loans are limited to 70%LVR and max 15 years of loan term. However, I find that some lenders are...
Does the valuation fee that occurred during a refinance have to be deducted over 5 years? Can I deduct it fully in that financial year?
I spent over $3000 on removing trees after the purchase of the property. How can I get the tax deduction? Can this be depreciated over a few years?
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