Hi Paul thanks for your helpful inputs just to clarify your comment above "A SMSF cant buy encumbered land and it also cant allow a charge" Does...
Hi Sorry another smsf question ! still getting my head around it all :) I have a development site - purely purchased to provide income. ie. 2...
Thanks - sorry am sole trustee for the property trust but the smsf does have have a corporate trustee. (I am sole director of that company) The...
So does the smsf need to buy the land from the trust then I use cash for the development costs?
Thanks the scenario now is I have some vacant land which now has subdivision approval to split into 9 lots. It is owned by a discretionary trust...
Thankyou for the above answers. Am looking at a property to subdivide buying jointly with mostly personal cash and some smsf cash (so no banks...
Can I partner with my smsf fund to subdvide land ? (Assuming all cash no bank involved.) Example My smsf buys block of land $200k I then provide...
Thanks Terry - what sort of legal issues ?
Can I use my smsf to buy vacant land. Cash no loan required. Then use the smsf to subdivide the land, using cash from the smsf ? Can I then sell...
Thanks Terry !
Hi basic question Im sure but searched everywhere and cant find clear answer.. Note I am not near retirement/pension age. Looking to buy a...
Thanks all for your replies
Thanks Scott yes delay to start was our fault as our bank (like most) slow atm so that held up things past the 45 days. Uncon approval was last...
Hi we r building first home in WA standard HIA fixed price contract thru large project builder. Slab is laid construction underway. We have a 5%...
Hi All - Just doing my first vacant survey strata (in WA) 8 lots. Just a question re the services that run down the central drive to each lot....
Hi Paul - Yes the house is fine just needs some minor work done to improve it. So they dont look at the sale price of the H&L and apportion a %...
Hi all - I was wondering in the case if I buy a block of land with a existing older house. Say I split the block of land into 4 and sell the 4...
Hi Terry - Just standard O&A for land purchase - subject to finance is the only condition.
Hi Im in WA dealing with some signed O&As for land. Can the buyers email me through there signed O&A which the vendor will then sign scan and...
Hi small developments eg. constructing 2 or 3 units on one title residential. Often organise these for clients but the finance doesnt get through...
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