Total Members: 159,196

jorgon

  • jorgon replied to the topic Purchasing a property in SMSF in the forum Help Needed! 10 years, 10 months ago

    Yes, these are points well made.

    However, a well drafted diy pack will include the advice, warnings and explanation about all the things you mention.  I accept that this does not necessarily mean that the trustees/members of the fund will understand or accept this advice.  Some will need a professional to tell them face to face about these things…[Read more]

  • jorgon replied to the topic Purchasing a property in SMSF in the forum Help Needed! 10 years, 10 months ago

    Creasy23 wrote:
    My partner and I are thinking of setting up a SMSF in order to purchase a property.
    is around $10K the average cost of setting up a SMSF? ($7K to set up and $3K for incidentals)

    Hi Creasy
    There are four routes you can take to set up your smsf.  The first is by asking a professional to set it up for you, and Terryw is right, a…[Read more]

  • jorgon replied to the topic Premium of x% for off the plan in the forum No Subject 17 years, 11 months ago

    I’ll pay the site a visit.

  • jorgon replied to the topic Premium of x% for off the plan in the forum Help Needed! 17 years, 11 months ago

    Thanks very much Michael, for giving us the benefit of your experience and knowledge.

    You would be better buying completed but unoccupied apartments

    I suspect that these have remained unsold because the developer has reached the limit of 50% of sales which can be made to overseas purchasers. If so, they could only be sold to Australian…[Read more]

jorgon

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