@Terry_w and @SatayKing . You are both right. We are awaiting a response from our lawyer (specialising in SMSF) regarding the legality of...
Thank you Sanj. After reading everyone’s responses I have become appropriately anxious about our situation. I have reviewed our super...
Very good point, it’s something we are keeping an eye on!
We own the property 100% in SMSF. We personally have paid for architect, toen planning, DA application costs.
We We personaly have put money in. I will try to secure some funds personally to fund this project (and check if this is in accordance with...
We have put a lot of money into this project in terms of architect fees, DA approval etc. Also, it is the perfect building and location for a...
We purchased the building under a LRBA loan. Renovations were supposed to be funded under a LRBA loan too. Unfortunately we had an adverse ATO...
Thanks Terry, the regulation mentioned above is the undoing of our plan I think. It states: “the unit trust must not allow a charge to be made...
Thanks Terry for your response. That doesn’t sound promising. Our accountants had come up with this structure as it should be relatively easy to...
Hi Tony, we are awaiting the outcome of our DA application for commercial use, that is all looking good so far. Are there any specific issues in...
Hello, I came across this forum and hope someone can shed some light on our situation. We have purchased a residential propery to be converted...
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