[InvestJon1Participant@investjon1Join Date: 2020Post Count: 3]

June 4, 2020 - 10:10 pm

Family partnership is easier to set up and less costly to maintain, they are well suitable for those who had purchased investments in joint names while offering similar tax effectiveness to trusts via salaries paid from partnership.

[InvestJon1Participant@investjon1Join Date: 2020Post Count: 3]

June 4, 2020 - 10:01 pm

From a fundamental investment point of view the historical experience that covers recessions, wars and even pandemics (in 1918) tells us that the long-term trend in shares and other growth assets is up and that trying to time bottoms is always very hard.

No one will ring the bell at the bottom, which by definition will come at a time of maximum bearishness when all the news is horrible

• This reply was modified 3 years, 11 months ago by  InvestJon1.

[InvestJon1Participant@investjon1Join Date: 2020Post Count: 3]

June 4, 2020 - 9:54 pm

Consider the implications of leverage and risk.

If you purchase with debt then the property must be held outside of the SMSF in a Holding Trust, but when the debt is paid off the property must be transferred to the SMSF.

The transfer can increase risk in the SMSF in the case of litigation, which can expose all your SMSF assets.

Therefore, you should consider either keeping a small outstanding loan or put in place a small member loan.

It’s also important to consider that even with a cash purchase you should put the property in a trust which the SMSF “owns”.

 

[InvestJon1Participant@investjon1Join Date: 2020Post Count: 3]

March 21, 2020 - 1:20 am

Use time to your advantage by making your offer at the last possible minute.

Never be too hasty or impatient as this will work against you

[InvestJon1Participant@investjon1Join Date: 2020Post Count: 3]

March 21, 2020 - 1:15 am

Like in every domain you have to get some knowledge before taking the plunge into it.

It takes constant learning and working to make money from real estate, like elsewhere