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Quick tips - SMSF property rented to a family member

simplyaskit | September 10, 2018

Quick tips from the popular topics on simplyaskit
 


Adam B from Roseberry NSW


I was reading in the Financial Review that I could potentially rent out my SMSF investment property to a family member as long as it is done at a commercial rate. I much prefer to rent to someone I know. Is this true?


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Fiona B from Patterson Lakes Vic


Hello, on a commercial property loan of $330k from a tier 1 lender we are borrowing about $120,000 through our SMSF. Are such fees usually requested by the broker, the broker wants to charge $1,000 upfront? ? Is this standard industry practice for non resi loans or a matter of which broker can get away with these fees from the borrower?


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Sam P from Putney NSW


Hi, I have recently become the Executor of my dad’s estate. Through his current accountant, I have been recommended to see a Financial Planner as the whole estate is in ASX listed shares. I am worried about getting bad advice. What are some of the questions I should be asking the adviser to know if they are any good?


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simplyaskit

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www.simplyaskit.com.au
North Sydney, New South Wales
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