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  • Profile photo of CheezelCheezel
    Participant
    @cheezel
    Join Date: 2016
    Post Count: 5

    Hi Terry,

    Thanks for the reply.

    So are you saying that the location of the properties I am thinking to buy will determine what structure I put in place? Does that mean I could possibly have a different structure for each state? Please let me know if I am way off the mark. This side of things is pretty new to me.

    Profile photo of CheezelCheezel
    Participant
    @cheezel
    Join Date: 2016
    Post Count: 5

    Hi Richard,

    Thanks for the reply.

    And yes you make a good point about what is currently out there in regards to organisations. That is pretty impressive to have 40 properties paid off. I am interested (If your willing to share) how did you achieve this? Was it buy properties and sell at the top of the market to pay off other properties? I assumed you used a combo of many strategies and of course having a good income always helps?

    I think Bill won’t be elected so there is nothing to worry about unless off course the Libs spring a surprise in their next budget.

    Profile photo of CheezelCheezel
    Participant
    @cheezel
    Join Date: 2016
    Post Count: 5

    Hi Jacqui,

    My logic is if I am investing in property outside the SMSF then I am diversifying by investing in other things like shares, gold etc within the SMSF.

    But thanks again for the tip!

    Profile photo of CheezelCheezel
    Participant
    @cheezel
    Join Date: 2016
    Post Count: 5

    Hi Jacqui,

    Thanks for the tips! All options are on the table at the moment regarding the types of property. It would be great to hear what strategies people have put into practice and their successes/failures if any.

    On SMSF the only thing I don’t like about Super is I have to wait until 65 before I get any benefit and the government does have a knack of moving the goal posts. To be honest I want to have the option to semi retire / retire way before I turn 65.

Viewing 4 posts - 1 through 4 (of 4 total)