Monthly archives: June, 2008

Land development Joint Venture

Question I have been negotiating with a local landowner (who has owned the land pre CGT) to assist in sub-division and development of his block.He wants to build and live on the bottom block, we want to build and live on the top block, and our SMSF wants to build a house on the middle …

interest

Question We have two properties that were bought in my wife’s and sister in law’s names as tenants in common 50/50. I being the higher income earner stayed out of it as the intent was to build and sell short term. Building has taken a little longer than anticipated and we might hold on a …

Interest on investment

Question I have just completed building a granny flat on my property (Converted a Garage)I wish to Rent out the cottage for AUD 300/weekCost of build was AUD10 000 owner build and have slips. Value is well over 70k if a builder was called in.My initial loan on the property was 500k Plus I took …

Withdraw redraw and put into offset?

Question We are about to turn our unit, that we have lived in for 5 years, into an investment property and we are going to rent a property to live in ourselves. We have about $20 000 in redraw on our loan and want to eventually access that for a deposit on a house(for private …