Super Fund Borrowing for Commercial Property - Need Accountant ??

Hi,

New member here, please forgive any questions that may have been asked before.

I have found a product and bank that will give me a loan in my SMSF to buy commercial property (all legals, deeds included so no need for lawyer).

All I need now is a good property accountant in Brisbane / Gold Coast to get this done prior to June 30

Any help would be appreciated

O

Hi Olli

Sorry I can't help you with the necessary accountants details but I've got to say that I'd never consider not using a solicitor to assist with a property purchase.

I'm a keen"bush lawyer" ;-) but the things the lawyers have picked up in the past that I've completely missed, have saved me lots more than their fees.

Cheers,  Paul

Paul Dobson - Vendor Financier - http://www.negative2positive.com.au
Ph: 0447 973 235 - http://www.jvpropertypartners.com.au
http://www.vendorfinanceinstitute.com.au

hi Olli..welcome to this forum..enjoy your stay..

Home and land packages

try www.diysuperfund.com.au

One lawyer is advising that some banks are arranging SMSF loan documents which could result in doubt CGT being paid - so it would certainly pay to get independent legal advice before signing any loan agreements.

Terryw
Finance Broker
Solicitor

Hi there Olli,

I am a Chartered Accountant with many clients having self managed superannuation funds with I help them administer.

The situation you described is not uncommon and one which is easy to help you with.

My client base is stretched from Brisbane, Gold Coast, Sydney, Melbournae and Adelaide and I would be happy to catch up for a chat to discuss your requirements.

My mobile number is 0417 462 752... feel free to give me a call to discuss further.

Regards

Robert King

Robert King
Chartered Accountant

Skype robert.king2204
mob. 0417 462 752 | off. (07) 3160 7386 | fax. (07) 3102 6186
PO Box 323, Indooroopilly Qld 4068
Level 5, Toowong Tower, 9 Sherwood Road, Toowong Qld 4066
www.assistbusinessnetwork.com.au

Olli,

I reckon you need a person or firm who is the following:

1. CPA or Chartered Accountant
2. SMSF Specialist Advisor with SPAA
3. Holds an AFSL (will be required for any and all who advise on SMSF borrowings / Instalment Warrants as per Gov press releases)
4. Experience in similar transactions

All the best

Cheers

General comment only and does not constitute advice. Seek advice from a professional adviser.
www.evolvemysuper.com.au and www.buypropertywithsuper.net.au
FREE GUIDE: SMSF Borrowing 101: How to buy property with your super