BruceT started the topic seeking clarity – buying residential property in smsf for business purpose in the forum Legal & Accounting 10 years, 3 months ago
I’ve just been reading the ATO’s advice on what constitutes ‘business real property’ and am seeking some clarification.
My wife & I have an SMSF (company structure) with one investment property in a separate holding company, and are thinking about how we might get into our 2nd IP.
Is there any value in creating a business/company to act as a…[Read more]
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BruceT replied to the topic A word of warning on property in your SMSF in the forum Legal & Accounting 12 years ago
Sounds like a very appropriate response from the accountant!
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BruceT replied to the topic Mentor needed… in the forum Help Needed! 12 years, 1 month ago
Hi JacM,
Do you (or anyone else, for that matter) have an accountant/solicitor/helpful person switched on to assist with setup of SMSF or borrowing in Latrobe Valley (VIC)?
I've followed your previous comments and would appreciate any advice being new to this site today.
Regards,
Bruce -
BruceT replied to the topic Mentor needed… in the forum Help Needed! 12 years, 1 month ago
Hi there Catalyst,
Just wanted to express appreciation for your post – I've just joined this site today!
Thought I might begin on the site by sharing some of my story.
After owning a house many years ago I sold/gave everything away for a while, and now in my 40's have returned to the "real world". I got a job in Oct 2010 and managed to put $6k…[Read more]
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