You can still claim all the normal deductions if you are not working, but your income will be limited so your may not get much back if any at tax time if you have paid no tax.

Tax will depend on a few things. Generally income of a SMSF is taxed at 15%. But the SMSF can claim the usual deductions.

If the fund is paying a pension then the income could be tax free.

Or go straight to the legislation:

http://www.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s118.145.html

You should never use a trading company for a variety of reasons.

The main one is asset protection but another is for convenience.

When a lender lends to a company as trustee they will take a charge over the company's assets. If the trading company later enters into other contracts this can be a major drama as registering further charges could be a breach of the terms of the mortgage and the company may need the permission of the lender.

Well, I haven't really looked into this before.

I would imagine once the land is subdivided then only one of the blocks will be CGT free. So if you sell one immediately it may be CGT free and if you live in the other immediately it may be CGT free because it is your main residence.

First thing to do is approach the neighbour and tell him that you think his building is encroaching on your land. Let him respond and see what he says. He may want to get his own surveryor in and/or you can you him your survery.

3 m is a lot of land! Ask him to move his shed etc from your land. See what he says

You may want to look at

ENCROACHMENT OF BUILDINGS ACT 1922

http://corrigan.austlii.edu.au/au/legis/nsw/consol_act/eoba1922235/

but this may not apply for garden sheds. You may then have to take legal action to get him to move. You may have to share the costs of moving a fence. Best to do as much as you can without lawyers and then use them as a last resort.

Maybe also check out council plans for his structure, if there are any

I rang the Office of State Revenue NSW to confirm and this example is how it should work.

A and B own a PPOR – this is generally exempt.

A and B also jointly own an investment property with land value of $396,000. This is exempt as the tax free threshold is $396,000.

A then goes on and buys a property of his own, land value worth $200,000. I wanted to clarify how A would be assessed.

Based on the total values or based on his share.

Since A only owns 50% of the first property his value for land tax would be:
$198,000 for property 1 and $200,000 for property 2.
Total $398,000

This is $2,000 over the threshold so he would pay $100 plus 1.6% of $2,000.

NOT 1.6% of the $200,000.

I am a mortgage broker and could possibly assist. Where are you located?

I can think of one that will do it if internal is at least 40sqm and then whole lot is over 50sqm including balcony and car park and is not high density. 95% may be possible.

How much did you use?

You would have to split the variable into portions – investment portion and non investment portion. But since it is a very small loan any effect would be very small and it may not be worth the effort.