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Can a SMSF buy residential property from a related party? An
Can a SMSF buy residential property from a related party? … read more
John Melis
John Melis
Lawyer
Bachelor's Degree
31,751 satisfied customers
I want to buy a property out of my super fund and live in
i want to buy a property out of my super fund and live in it. Can I break the lease with the tenent? … read more
John Melis
John Melis
Lawyer
Bachelor's Degree
31,751 satisfied customers
My partner and I have an SMSF which includes a share
My partner and I have an SMSF which includes a share portfolio. Some of these shares were purchased prior to the SMSF and were transferred in when it was set up. We are now considering closing our SMS… read more
John Melis
John Melis
Lawyer
Bachelor's Degree
31,751 satisfied customers
Confusion SMSF, Ellen Regarding SMSF as this is so
Hi Ellen Regarding SMSF as this is so confusing, they way the interpretations are. Under e-superfund clients of e-superfund are permitted to invest in property where the SMSF does not borrow to purchase the property this includes vacant land. I have also read that if you have purchased the land outright from your SMSF without borrowing you can then build on it is this correct? If I was to purchase the land outright without using my SMSF, could I then use my SMSF to build a house? john … read more
John Melis
John Melis
Lawyer
Bachelor's Degree
31,751 satisfied customers
I am in a SMSF that my 'then' husband in 2017 set up. It is
Hello, I am in a SMSF that my 'then' husband in 2017 set up. It is a Superchoice fund and there is an accountant running it. … read more
Leon
Leon
Solicitor
Master's Degree
52,665 satisfied customers
I'm due to retire in 2 years. I will have approx 600,000 in
Hi I'm due to retire in 2 years. I will have approx 600,000 in super. I will have 2 properties as well with total value of approx 470,000, and will rent a property to live in. The properties will gene… read more
John Melis
John Melis
Lawyer
Bachelor's Degree
31,751 satisfied customers
Can you tell me if i can purchase a hotel- motel in SMSF
Hi Can you tell me if i can purchase a hotel- motel in SMSF and live in the premises as a caretaker of the motel… read more
James D. Ford
James D. Ford
Solicitor
1,600 satisfied customers
My husband and I have a SMSF which has a bank loan on the apartment
My husband and I have a SMSF which has a bank loan on the apartment my husband is now residing in. He's now refusing to pay the market rent that's due on the apartment which is required to cover the m… read more
Leon
Leon
Solicitor
Master's Degree
52,665 satisfied customers
My wife & I seperated 11mths ago, we hava joint SMSF, where
My wife & I seperated 11mths ago, we hava joint SMSF, where I was the only contributor as she worked for QLD GOV. 2 Months ago she relocated to Adelaide with my children, permision & mediation was don… read more
Patrick H.
Patrick H.
Lawyer
5,422 satisfied customers
Hi I think I need legal advice....regarding cashing in of our
Hi I think I need legal advice....regarding cashing in of our superannuation While I realise that Super is meant to be there to support us in retirement... due to the following factors..... *Crippling… read more
Patrick H.
Patrick H.
Lawyer
5,422 satisfied customers
I am considering divorce and would like to know the likely
I am considering divorce and would like to know the likely outcome of asset distribution and my obligation for ongoing support to me "ex wife" and children if any. My wife and I are both 50 and been m… read more
Leon
Leon
Solicitor
Master's Degree
52,665 satisfied customers
We would like to purchase an investment property in Bali through
We would like to purchase an investment property in Bali through our SMSF Where can I find a solicitor that deals with this legally… read more
Leon
Leon
Solicitor
Master's Degree
52,665 satisfied customers
What is the ruling on self manage superannuation I have $125K
What is the ruling on self manage superannuation? I have $125K in super. Can I buy a $425K investment property with $125K from the super fund and $300K bank loan under my personal name? (I realise thi… read more
Brisbane-Lawyer
Brisbane-Lawyer
Lawyer & Solicitor
Master
14,357 satisfied customers
My husband and I separated approx 12 months ago and have yet
My husband and I separated approx 12 months ago and have yet to come to an agreement regarding property settlement. I am the primary care giver of the children and earn approx $50000 per annum compare… read more
Leon
Leon
Solicitor
Master's Degree
52,665 satisfied customers
My wife and I are considering setting up a small business in
My wife and I are considering setting up a small business in Australia (NSW). I've discussed this with my accountant and we have settled on a structure consisting of a family trust (that will make inv… read more
Brisbane-Lawyer
Brisbane-Lawyer
Lawyer & Solicitor
Master
14,357 satisfied customers
Hello again Mary, Not sure if this is an area of expertise
Hello again Mary, Not sure if this is an area of expertise for you... My wife and I separated on 1st July 2009. We have spent the last 7 months arguing in Family Court about child custody. I have "won… read more
Advocate
Advocate
Master's Degree
350 satisfied customers
My husband (71) and I (57) are Kiwis, living permenantly in
My husband (71) and I (57) are Kiwis, living permenantly in Australia. We own property here, have family memebrs here, and intend to reside in Australia for the duration. We have member accounts in bo… read more
Leon
Leon
Solicitor
Master's Degree
52,665 satisfied customers
Where a trustee of a smsf uses an installment warrant to purchase
Where a trustee of a smsf uses an installment warrant to purchase "business real property" from a related party ,and there is a cash component ,is there any legal requirement for the cash component to… read more
Maurice
Maurice
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Master's Degree
1,980 satisfied customers

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Sean

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Family Law, Commercial Law, Property law, Probate & Wills, Employment Law, International Law, Criminal and Traffic Law, Litigation Tribunal & Courts

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James D. Ford

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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