Hey there,
So I have 2 investment properties and I’m in the midst of building my home to live in. I was thinking about changing my super contributions to a higher percentage and purchasing my next investment through my super but before I do anything I want to make sure I know all the facts. My question is, who do I speak to about this? My accountant? Lawyers who specialize in property? Or a combination of people?. I want to make sure I’m well aware of any troubles and additional fees I may come accross, also to confirm if I’m even eligible.Thanks for any replies.
Regards,
CraigThis is trick as there are different aspects so you would need tax, legal, credit and financial advice.
Probably best to check with a broker first that your potential smsf trustee can in fact borrow. Macquarie have just pulled out of SMSF lending so there is a dwindling source and lenders out there. I can only think of one, Latrobe, off the top o fmy head.
If you can’t get finance then there is no point in getting legal or financial advice.
If there is then next step would be to seek out a financial planner (AFSL licenced) who should work in conjunction with a lawyer.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Perfect! That’s what I needed.
Cheers.Hi Craig
We have our own white label SMSF product which is a leader in the SMSF market.
Certainly an area we see lots of borrowers come unstuck.
Drop me a line if you would like me to get one of credit officers to email you some product specs.
Cheers
Richard Taylor | Australia's leading private lender
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