I want to purchase several self contained eco portable houses plonk them on our rural block and use it as a holiday stay with all rent back into my super. Is this possible?
Then the remaining super I want to purchase a commercial space. Does the owner or the lessor pay to refurbish commercial spaces to suit there needs?
Is it physically possible? It sounds so!
Is it legal? That will depend on compliance with planning and building permitting.
Is it financial? That will depend on the cost vs. return.
Is it smart? That’s your call as beauty is in the eye of the beholder. It sounds like a hard way to make money to me re: a lot of aggravation. Also, it sounds like an active asset which isn’t normally something suitable for SMSFs (i.e. SMSFs are not allowed to run businesses).
All the best,
– Steve
Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
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