wayne1 started the topic GST Liability on QLD Commercial Purchase in the forum Commercial Property 7 years, 1 month ago
Need help to determine which entity is liable for the GST on the property purchase.
We are buying the commercial property (new build) through a fixed unit trust (not super) with a company as trustee.
I realise that the the title will show the company.
purchase is eg. company Pty Ltd ATF trust
The trust is GST registered, but the trustee is…[Read more]
wayne1 started the topic 2 x SMSF Commercial Property buy in the forum Commercial Property 7 years, 2 months ago
Scenario:
Found and industrial Property off the Plan to purchase (eg. total cost $250K) – NEW BUILD!Proposal:
Two Separate SMSF will each own 50.00% of the unit. (There will be a commercial lease at market rates)
Both personal SMSF have 2 members each and are individual trustees.Funding:
100% Cash purchase (50.00% each SMSF)
however looking to…[Read more]wayne1 became a registered member 7 years, 2 months ago