PropertyInvesting.com | Istvan051 | Activity https://www.propertyinvesting.com/members/istvan051/activity/ Activity feed for Istvan051. Sat, 11 Apr 2026 20:50:31 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8424938478bd230e5ed7ed84e153cc27 Istvan051 replied to the topic TRUSTS??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406899-trusts-17/#post-4672126 Tue, 19 Jun 2012 08:04:40 +0000 I have quite a few posts in my history about trusts. Also TerryW.

They are quite complex but as your learning think of it as a big story with heaps of differing lines and you will understand after a while.

Trustee, beneficiaries, appointers, executors, ect have different roles, powers and responsibilities.

Or buy yourself a book on trusts or…[Read more]

]]> 11d1194a451c283fd8b22f7d7f4df342 Istvan051 replied to the topic Special disability trust and tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671961 Sun, 17 Jun 2012 06:12:51 +0000 No right to income? I don’t understand how a beneficiary of a discretentary trust can have no right to income.

Beneficiaries receive income from the trusts. Do you mean they CAN receive income at the discretion of the trustee but do not have a RIGHT to it?

The beneficiaries have no influence or control over these decisions in a discredentary trust. ??

]]> aca25ad3a8b24b5def2dfed7355e90e0 Istvan051 replied to the topic Special disability trust and tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671959 Sat, 16 Jun 2012 14:24:36 +0000 Ok I understand we would need to pay to set up both a standard trust and SDT. This is worthwhile due to the savings.

I just want to make sure we don’t spend money on things which are not nessasary.

Considering the fact person C has an spouse relationship with person A it is nessasary to consider C as a standard trust beneficiary
to prevent C…[Read more]

]]> c3e24bf059ae5a7fed62fc3d36278b42 Istvan051 replied to the topic Special disability trust and tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671957 Sat, 16 Jun 2012 12:33:38 +0000 Terry,

Back to my previous question.

According to this division the SDT can only have a single beneficiary. So in this instance I need to explain to person A to create a standard trust for person C to become beneficiary. Also to create a SDT for myself (person B).

Is this not expensive?

Every trust costs money to create and Im wondering if…[Read more]

]]> a23061f4bc3fe54c1ea60c66756a8619 Istvan051 replied to the topic Special disability trust and tax in the forum Could you send me a link of https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671955 Fri, 15 Jun 2012 12:06:53 +0000 Could you send me a link of that social security act? I myself am going to consider applying to be in a SDT after I convince person A to do it.

Centrelink gave me three criteria which I know I can pass two but the third may be a little grey. It’s about being severly disabled and not independent and needing a personal carer 24/7 which may be a stretch.

]]> 358c51186200a5c009132712059c4a1a Istvan051 replied to the topic Special disability trust and tax in the forum Setting up these sorts of https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671953 Fri, 15 Jun 2012 12:02:08 +0000 Setting up these sorts of structures is often difficult due to social conflict.

In this case person C is jelous of person B so person A needs to understand how to consider both beneficiaries to keep the peace.

]]> 1b1ef9c487ff7401a962e621b05045d2 Istvan051 replied to the topic Special disability trust and tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671952 Fri, 15 Jun 2012 11:58:01 +0000 Sorry, child not a spouse. Person A sets up a SDT for it’s child. person C is spouse and married to person A.

From memory trustees can also be also be beneficiaries.

]]> 8648d2764fa3b6f142c27b32800357e1 Istvan051 replied to the topic Special disability trust and tax in the forum Terryw wrote: Istvan051 https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671950 Fri, 15 Jun 2012 11:35:19 +0000 Terryw wrote:

Istvan051 wrote:
What if you have an investment house worth 700,000 then how do I insert 578,500 only into this?

Possibly you could transfer a % to the trustee of the SDT and yourself as tenants in common. But then you have to watch out for capital growth down the track.

Yes, this is why this disability trust stuff is a…[Read more]

]]> fe388be4e362068e589120992aa49cf1 Istvan051 replied to the topic Special disability trust and tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671947 Fri, 15 Jun 2012 10:38:32 +0000 What if you have an investment house worth 700,000 then how do I insert 578,500 only into this?

]]> 109b084b816e1ea2a8e2d292d5cedb4e Istvan051 replied to the topic Special disability trust and tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671946 Fri, 15 Jun 2012 10:29:49 +0000 I also understand retained income. If the trust earns 20,000 and I receive 15,000 then I and the trust will both pay tax on this 20,000.

]]> f22f8725f02b627f2a71e7eace6af54a Istvan051 replied to the topic Special disability trust and tax in the forum Yes, the beneficiaries would https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671945 Fri, 15 Jun 2012 10:13:44 +0000 Yes, the beneficiaries would have the same tax rate, true.

BUT, all DSP pensions are tax exempt. This means if I have a $20,000 pension and no other income my taxable income is 0.

If I then become a beneficiary of a trust and get paid 6000 in the first year I pay no tax still. Once I earn over 6000 from this I start paying…[Read more]

]]> fc54496d05cbc4499e74097e32cfd8b2 Istvan051 replied to the topic Special disability trust and tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406872-special-disability-trust-and-tax/#post-4671943 Fri, 15 Jun 2012 07:23:52 +0000 So if DSP is 700 per fortnight then you will get 18,200 per annum. This amount is tax exempt and does not form part of your taxable income.

If you are involved with a trust and receive income and DSP then you will pay tax on your trust income only. But this will reduce your DSP payments on a sliding scale.

If you are involved as primary…[Read more]

]]> 143cc74b38692c930eee7154576237e3 Istvan051 replied to the topic Socialism in the forum Opinionated! https://www.propertyinvesting.com/topic/4406695-socialism/#post-4670707 Fri, 01 Jun 2012 10:11:30 +0000 Capitalism is about competition and greed. I see it is true capitalist countries progress faster than all others. In my opinion why is this?

Greed is the desire for more than what you need but is also a powerful emocion which can push the human brain to it’s limits of creativity and innovation. This means capitalism is responsible for driving…[Read more]

]]> e6f07cedc0acc3ee8e6e9759fd825aeb Istvan051 replied to the topic Socialism in the forum Opinionated! https://www.propertyinvesting.com/topic/4406695-socialism/#post-4670702 Tue, 29 May 2012 11:33:45 +0000 I think greed is a great insentive to go to work, a great insentive to do great or poor things and a great insentive to act responsonability or irresponsibly.

The bottom line is that greed gets things done!

I also believe this is the insentive you speak of but you think it is only present in a traditional capitalist setting in which people are…[Read more]

]]> 0bbb5aa00ccf34083f17688811da9653 Istvan051 replied to the topic Socialism in the forum Opinionated! https://www.propertyinvesting.com/topic/4406695-socialism/#post-4670699 Mon, 28 May 2012 11:19:49 +0000 In true socialism nobody has to take risk as nobody personally owns the means of production. This is owned by government.

Everybody would be given a job based on the requirement for jobs but would be paid an equal share of profit by government.

Every person should be allowed to potentially have wealth and stop working whenever they are able by…[Read more]

]]> cd2ff3dd987f3e163dd8c659b7066f44 Istvan051 replied to the topic Children living inside the business in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406621-children-living-inside-the-business/#post-4670039 Sun, 27 May 2012 12:52:01 +0000 Yes, the model also includes private living quarters adjacent to the child’s living quarters. So imagine the building where the children live then ontop of the business next to this is myself and my wife’s private quarters.

Interdependence basically means we acknowledge that we are both very independent people keen on building an interdependent…[Read more]

]]> b8199b8510ec3ea4cd08569440155cc0 Istvan051 replied to the topic Children living inside the business in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406621-children-living-inside-the-business/#post-4670037 Sun, 20 May 2012 12:38:33 +0000 In this, the child/ren may perhaps pay rent to the trust from money they get from being a beneficiary or being employed. This would be rent to help fund their own accommodation inside the business.

This is because the family trust owns the property and the trust is a financial entity in itself which can come up with loses or gains.

If I own a…[Read more]

]]> e3e7a980d55053e0675f6086135457fa Istvan051 replied to the topic Children living inside the business in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406621-children-living-inside-the-business/#post-4670036 Sat, 19 May 2012 08:02:51 +0000 Yes, well I’m sure many in this situation would consider making sure they happen to be one or the other to reduce tax.

]]> a23e740d3efe6d027a1fc4919bf3541e Istvan051 replied to the topic Children living inside the business in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406621-children-living-inside-the-business/#post-4670034 Sat, 19 May 2012 07:21:02 +0000 Yes, well we can work in the same company which is owned by a family trust but the company would have two departments in which each of us work.

According to you beneficiaries do not “work” for money. Employment of children by the company is different from being a beneficiary I get it. I wonder if tax implications are different for beneficiaries…[Read more]

]]> c0fed954167b385ccb2120ac20a64f12 Istvan051 replied to the topic Children living inside the business in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406621-children-living-inside-the-business/#post-4670032 Sat, 19 May 2012 07:11:25 +0000 So the trust would own property which I called the “business” in which myself and my wife call “work” and the children live full-time.
I would be able to have my own house and my wife is also able to have her own house but only one of us is able to get CGT exemptions as the main residence as the second house would be seen as investment.

I may pay…[Read more]

]]> 3daec7ed5e63fb700a315a3956f70847 Istvan051 replied to the topic Children living inside the business in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406621-children-living-inside-the-business/#post-4670030 Sat, 19 May 2012 05:53:33 +0000 Thanks Terryw,

When you say the chidren would be beneficiaries you assume I must be employing them to work inside the business. Your right typically this would be ideal as myself and or my wife would also be the employers of our children. There would be no other employers for them.
The company could own the “business” where the children live…[Read more]

]]> c17d4ac1682ebdce047a6db3f17b604f Istvan051 replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/page/2/#post-4659857 Wed, 07 Dec 2011 11:58:35 +0000 Jins13 wrote:
I think good agents are worth their weight in gold. Besides, with your theory that you should look after all your affairs would mean that if you invested in other states or distance areas, you would have to personally go there for the inspection and etc.

If you will read my theory in more detail as in the posts above you will…[Read more]

]]> 5d4145a74537c744a096de5197083b75 Istvan051 replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659854 Tue, 06 Dec 2011 05:23:03 +0000 xdrew wrote:
Your values laid out here step back to a period of a village mentality.A tenant wants the ability to rent .. the ability to pickup and vacate if and when he chooses. The landlord wants the ability to have his property let out to anyone who stakes up the right amount of money per month to justify his letting.They dont want to know…[Read more]

]]> 3bdbfa14604bc88c7047bb9dd6d89082 Istvan051 replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659849 Mon, 05 Dec 2011 01:31:36 +0000 xdrew wrote:

Istvan051 wrote:
Hi CatalystI understand your point of view how if you own property in the current world its always going to be much better to use agents to handle the tenants and the problems they may face. They are better at doing this as they are professionals and have a lot of experience and are trained to handle…[Read more]

]]> 4a50e58bc246f3fa953f00279b0a04a1 Istvan051 replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659845 Sun, 04 Dec 2011 13:33:41 +0000 Istvan051 wrote:

Jins13 wrote:
I think good agents are worth their weight in gold. Besides, with your theory that you should look after all your affairs would mean that if you invested in other states or distance areas, you would have to personally go there for the inspection and etc.

This is exactly why I dont beleive in the right for us to…[Read more]

]]> a999fde3a99af96ccbba838f45e9b536 Istvan051 replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659844 Sun, 04 Dec 2011 13:02:10 +0000 goldies wrote:
I am very confused. You say that you should have your spouse living in your property even if it is in Alaska, because we should have a person with whom we have a primary relationship with in our properties?? and we can keep in touch by using computers??Luke86 – I dont think you are not intelligent enough to understand. I think…[Read more]

]]> b09a58828ccefcf7e99ca6a39241fa99 Istvan051 replied to the topic Help create a paradigm shift for Innovation, Invention and Productivity in Australia in the forum Opinionated! https://www.propertyinvesting.com/topic/4404321-help-create-a-paradigm-shift-for-innovation-invention-and-productivity-in-australia/#post-4653003 Sun, 04 Dec 2011 11:36:58 +0000 I have an invention. Its a food preparation system which people can utilise. It involves integrating a freezer and a fridge together and including pullies, scales, timers and a computer to rotate every 24 hours worth of food for an indvidual. I have a menu crafted on the woolies website which includes all the ingredients for three months worth o…[Read more]

]]> 21980cf4871a34950b39e0e2947d5439 Istvan051 replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659842 Sun, 04 Dec 2011 11:17:39 +0000 Catalyst wrote:
Are you speaking hypothetically or do you actually self rent properties? I think the former. Correct me if I'm wrong.

I am speking hypothetically but I am close to somebody who manages a number of properties. I have helped this person with its affairsfor years and I have experience in the game. According to my own theory I…[Read more]

]]> e57c2230a9f5b556615a084d4e73f0f4 Istvan051 replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659841 Sun, 04 Dec 2011 11:04:45 +0000 Jins13 wrote:
I think good agents are worth their weight in gold. Besides, with your theory that you should look after all your affairs would mean that if you invested in other states or distance areas, you would have to personally go there for the inspection and etc.

This is exactly why I dont beleive in the right for us to own property in…[Read more]

]]> 6a7300645afaf9d3cc0c9c6f57d4dd44 Istvan051 replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659840 Sun, 04 Dec 2011 10:14:53 +0000 Hi Luke,I hold the opinion that you only disagree as you dont understand. I quote "considering people need a roof over their head, then having a landlord is a necessary relationship". What I am trying to say is that this person should be your primary relationship which you already have to maintain/manage a relationship with regardlessly. I also…[Read more]

]]> b43773732e0fb57d7725d9ad58208d08 Istvan051 replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/#post-4659838 Sun, 04 Dec 2011 10:00:27 +0000 Catalyst wrote:
NO!! Tenants are NOT your family. They are the people who pay your expenses so your business can run. I have enough family and friends without trying to have relationships with strangers. Sure I have to have a relationship with the agent but it's a business relationship. They don't ring me with their personal problems (which…[Read more]

]]> b7865920b787e4f728bbd7dd126a713d Istvan051 replied to the topic Integrating Family and Business into a single entity in the forum Opinionated! https://www.propertyinvesting.com/topic/4405287-integrating-family-and-business-into-a-single-entity/#post-4659505 Sat, 03 Dec 2011 01:42:23 +0000 How to operate your own life according to TFS In order for you to operate your own life according to the principles of TFS you first will need to form your own primary relationship. Next your primary relationship will need to open a business and you will work under this person’s direction. The primary relationship should purchase an i…[Read more]

]]> 7dd2df5ae222d170601921ffe3e5e951 Istvan051 replied to the topic Integrating Family and Business into a single entity in the forum Opinionated! https://www.propertyinvesting.com/topic/4405287-integrating-family-and-business-into-a-single-entity/#post-4659504 Thu, 01 Dec 2011 23:55:48 +0000 The following is a firm from Brisbane who actually specilizes in doing what im talking about.http://www.finh.com/Next a short video on family businesseshttp://www.businessfamilies.org/en/virtual-library/celebrating-business-families

]]> e7c1460a2c6ca8f58cad3ba258c837bb Istvan051 replied to the topic Integrating Family and Business into a single entity in the forum Opinionated! https://www.propertyinvesting.com/topic/4405287-integrating-family-and-business-into-a-single-entity/#post-4659502 Mon, 28 Nov 2011 09:43:41 +0000 "Try getting into a meaningful relationship & telling your partner that you will continue to work with them but not live with them, have children with them but not share in the parental responsibilities, care or nurture them, not socialise with your partner or have anything to do with their care or financial situation".To start with at…[Read more]

]]> 4a6a4fcccd880dfb542a421688073563 Istvan051 replied to the topic Integrating Family and Business into a single entity in the forum Opinionated! https://www.propertyinvesting.com/topic/4405287-integrating-family-and-business-into-a-single-entity/#post-4659501 Mon, 28 Nov 2011 07:35:31 +0000 "How can a couple maintain a relationship & family if they don't communicate the basics & at all other levels? What's wrong with picking up a random shag instead of trying to create a cloak of deception"? By integrating the business and the family into a single entity as in TFS, the ability of each person to communicate is actually…[Read more]

]]> cdc81026c7cbb509c37575acf1186382 Istvan051 replied to the topic Integrating Family and Business into a single entity in the forum Opinionated! https://www.propertyinvesting.com/topic/4405287-integrating-family-and-business-into-a-single-entity/#post-4659500 Mon, 28 Nov 2011 05:35:23 +0000 ScottI got some spare time now so here goes."A few points that you may have overlooked, if they are married/in a defacto relationship, then each has claims on the other's assets, why would they consider living separate lives & continue to work together if they were a couple?"The thing to understand with interdependant relationships by the…[Read more]

]]> b7d0fcf6c4fbc0fb13262ae96fcc36db Istvan051 replied to the topic Integrating Family and Business into a single entity in the forum Opinionated! https://www.propertyinvesting.com/topic/4405287-integrating-family-and-business-into-a-single-entity/#post-4659499 Sun, 27 Nov 2011 23:18:52 +0000 Hi Scott,I will give you a decent reply in a couple of days

]]> 02ec8e772189bf0455fa1e69d4f26338 Istvan051 replied to the topic Whats better better: House or Apartment ? in the forum Opinionated! https://www.propertyinvesting.com/topic/4404651-whats-better-better-house-or-apartment/#post-4655335 Sun, 27 Nov 2011 09:55:17 +0000 I think apartments have a few issues which subtract me from considering them. i.e. the lack of privacy with other people is a real turn of. Sharing common walls means you may very well hear people in their own lives next door. On the other hand, less maintance in terms of the block. These days you can get artificial grass and simple plants to…[Read more]

]]> 54c0970d00ef840317646d49d5204770 Istvan051 replied to the topic Interdependant Relationships (Or Third entity Relationships) in the forum Opinionated! https://www.propertyinvesting.com/topic/4405187-interdependant-relationships-or-third-entity-relationships/#post-4658857 Sat, 19 Nov 2011 12:47:57 +0000 Role of marriage in Interdependent relationshipsIn interdependent relationships the role of marriage not only includes legal formalities between people who agree to enter into such an arrangement, but also for the integration for proper accommodation setups which need to be facilitated. For example in the interdependent marriage neither party…[Read more]

]]> 071a1f744bf6276e4c73e787b523b0bd Istvan051 replied to the topic Interdependant Relationships (Or Third entity Relationships) in the forum Opinionated! https://www.propertyinvesting.com/topic/4405187-interdependant-relationships-or-third-entity-relationships/#post-4658856 Tue, 15 Nov 2011 12:31:39 +0000 The role of the primary relationship The role of the primary relationship is to take each relevant child from co-dependence to independence and finally to interdependence. Once a person reaches interdependence they are able to take the role of being a primary relationship themselves. As the person has reached each stage they are recognized and…[Read more]

]]> 29decf06d8edf045f7b80c17f1f3b54c Istvan051 replied to the topic Interdependant Relationships (Or Third entity Relationships) in the forum Opinionated! https://www.propertyinvesting.com/topic/4405187-interdependant-relationships-or-third-entity-relationships/#post-4658855 Tue, 15 Nov 2011 12:29:49 +0000 Opening a business inside a family structure Any type of business or organization can be opened inside a family structure. A supermarket, a small retail shop, a government public service office, a division of a power or water sewage company, police traffic controllers, a sporting club or even a pub. The whole of society has the option to…[Read more]

]]> 83e6dcdda59a4722142323dcaed66a02 Istvan051 replied to the topic Interdependant Relationships (Or Third entity Relationships) in the forum Opinionated! https://www.propertyinvesting.com/topic/4405187-interdependant-relationships-or-third-entity-relationships/#post-4658854 Tue, 15 Nov 2011 12:27:28 +0000 What is the primary relationship? To begin there is only one primary relationship. The primary relationship is the one and only person you have no secrets from. The purpose of this person involves love and guidance and its job is to talk to you on a daily basis. This person is employed by the government to perform this role for you and is under…[Read more]

]]> cb4c14559d77b669eb17d439f7d4fb6a Istvan051 replied to the topic Interdependant relationships in the forum Opinionated! https://www.propertyinvesting.com/topic/4404856-interdependant-relationships/#post-4656723 Tue, 15 Nov 2011 10:12:56 +0000 bjsaust wrote:
You seem to be confusing independent with interdependent. Interdependent would imply the partners depend upon each other.

In depends on which partners you are refering to. In true family structure (TFS, a book im writing) the objective is to reach a point were you only have interdependant relationships. Every person starts life…[Read more]

]]> 26665ae962b35c782f8ca429d48c22f9 Istvan051 replied to the topic International Bank accounts in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405070-international-bank-accounts/#post-4658168 Mon, 07 Nov 2011 07:41:10 +0000 Yes thats right. I wasnt suggesting using that means to shortcut centrelink tho. I was merly just curoius. I tried opening a internationalbank account with HSBC and they said the australian government banned the use of these types of accounts with them.I know in the states they pay a lot less tax on bank interest. It might be perfectly legal to…[Read more]

]]> 6f21f0c1c15c5292ebfbd9dab3f758e7 Istvan051 replied to the topic opening a US bank account in the forum I tried opening an acocunt https://www.propertyinvesting.com/topic/4402147-opening-a-us-bank-account/page/2/#post-4637868 Sun, 06 Nov 2011 09:54:56 +0000 I tried opening an acocunt with HSBC and they said they no longer offer accounts to Australians due to restrictions imposed by the australian government.

]]> 98e44f90006f8fe02ccd83cf5152826a Istvan051 replied to the topic SMSF in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404175-smsf-3/#post-4651478 Wed, 13 Jul 2011 09:25:54 +0000 Thanks again Terry

]]> 993b81df8906492b591b2dc5562bc940 Istvan051 replied to the topic SMSF in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404175-smsf-3/#post-4651476 Wed, 13 Jul 2011 02:34:29 +0000 The person you can employ to manage your SMSF would be the accountant? or someone else?

]]> 1897f86a7ec201c0103d01d1c9e544cb Istvan051 replied to the topic Tax free Superannuation payments after age 60 in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404166-tax-free-superannuation-payments-after-age-60/#post-4651398 Sun, 10 Jul 2011 10:59:37 +0000 oh right, got ya. Thanks

]]> 1481915daf8d7282eaf8e3a06500b641 Istvan051 replied to the topic Tax free Superannuation payments after age 60 in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404166-tax-free-superannuation-payments-after-age-60/#post-4651396 Sun, 10 Jul 2011 10:38:36 +0000 Thats interesting. Could be quite a saving if it was possible to do. Terry, what do you mean by unencumbered? I am guessing it might mean "inherited"

]]> d5dd3ca988695eed125cb8f7079028bc Istvan051 replied to the topic Tax free Superannuation payments after age 60 in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404166-tax-free-superannuation-payments-after-age-60/#post-4651394 Sun, 10 Jul 2011 10:18:41 +0000 Also my dad paid his supperannuation with income that was salary sacrificed. This means he paid a reduced rate of tax on his supperannuation contributions (Not the full rate of tax). So I imagine he may have to pay some tax on his retirement benefit once he reaches age 60? 

]]>