Your lawyer should be able to draw one up for you. It is a simple deed outling the gift and its terms. You could probably do one yourself.

You need a lawyer to provide legal advice and to do the conveyance. You should hire them before you sign any contract.

If you are owed money you could sue them for it.

You should look at getting some legal advice as there are some strategies you could employ.

Selling – agents commissions 2 to 3% sometimes this includes advertising. Negotiable. You will also need to use a lawyer or a conveyancer for the sale. Oh and commission is payable on the sale price.

You should also look at the terms of the will. If your friend has been paying bills for the house then these may come out of the estate. If she has been left part of a property then this is hers unless the will says otherwise. Maybe it is the residue of the estate that get split up, that is the left over part after making specific gifts such as this property.

1 should be sufficient.

You can actually claim expenses out right even if you borrow to pay them. You are looking at interest on borrowings which would be treated differently.

Jaidee you must be Thai!

What you are proposing about is dangerous. have a read of s65 of the SIS Act Lending to members of regulated superannuation fund prohibited

Why are you going to a bank for advice re setting up SMSFs? They wouldn't know much about this area.

Never lend any one money – unless you don't expect it back!

ok, I admit defeat! Change the word 'many' to 'some' in my post! I know of at least one that has a minimum loan size.

$50k probably aint enough. Many lenders have a minimum loan size of $200,000.

1. Do you want to purchase from a SMSF? Or in a SMSF?

2. Do can't set up a SMSF as a company, but you can have a company as trustee and this is preferrable.

3. Not correct. If your SMSF sells CGT is charged at the rate of 15% or 10% on assets held more than 12 months

4. Doesn't have to be funded from existing funds, but can be borrowed from yourselves.