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Re: Housing - who can afford it? Mon, 16 May 2005 13:10 Go to previous messageGo to previous message
Conquest wrote on Mon, 16 May 2005 17:44

No, if you've got your own self-managed super fund you are not allowed to invest in assets for your own personal use, regardless of how they are used. You can use the fund to invest in other investment properties, just not your own.

The problem with superannuation is that it is locked away until you are 55, and the balance of the super fund cannot be used as security for a home mortgage or something similar...


I don't see how they could argue it... if you are "investing" in a property and then you also rent it out, to yourself, then essentially you are investing in your own property twice... you're not just scamming your superannuation.

The idea is that the govt doesn't have to pay for your retirement... what better way could their be?
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SubjectPosterDate
Read Message   Housing - who can afford it? soarerchicSat, 14 May 2005 11:55
Read Message   Re: Housing - who can afford it? BlackGT4Sat, 14 May 2005 12:10
Read Message   Re: Housing - who can afford it? riverSat, 14 May 2005 12:15
Read Message   Re: Housing - who can afford it? thechucksterSat, 14 May 2005 12:20
Read Message   Re: Housing - who can afford it? ConquestSat, 14 May 2005 14:34
Read Message   Re: Housing - who can afford it? jackelSat, 14 May 2005 21:33
Read Message   Re: Housing - who can afford it? ApolloSun, 15 May 2005 04:40
Read Message   Re: Housing - who can afford it? soarerchicSat, 14 May 2005 13:16
Read Message   Re: Housing - who can afford it? sleeker162Sat, 14 May 2005 13:50
Read Message   Re: Housing - who can afford it? ShrakaSat, 14 May 2005 14:32
Read Message   Re: Housing - who can afford it? JDM hachiSat, 14 May 2005 23:17
Read Message   Re: Housing - who can afford it? Cyber-punkSun, 15 May 2005 00:47
Read Message   Re: Housing - who can afford it? Corona RT142Sun, 15 May 2005 01:14
Read Message   Re: Housing - who can afford it? dravenSun, 15 May 2005 02:36
Read Message   Re: Housing - who can afford it? M.J.HSun, 15 May 2005 05:13
Read Message   Re: Housing - who can afford it? JDM hachiSun, 15 May 2005 05:51
Read Message   Re: Housing - who can afford it? soarerchicSun, 15 May 2005 10:59
Read Message   Re: Housing - who can afford it? soarerchicSun, 15 May 2005 11:00
Read Message   Re: Housing - who can afford it? dimmy77_03Sun, 15 May 2005 12:05
Read Message   Re: Housing - who can afford it? oldcorollasSun, 15 May 2005 15:22
Read Message   Re: Housing - who can afford it? soarerchicMon, 16 May 2005 01:35
Read Message   Re: Housing - who can afford it? oldcorollasMon, 16 May 2005 13:21
Read Message   Re: Housing - who can afford it? ToobsMon, 16 May 2005 03:22
Read Message   Re: Housing - who can afford it? thug_immortalMon, 16 May 2005 04:44
Read Message   Re: Housing - who can afford it? ToobsMon, 16 May 2005 06:13
Read Message   Re: Housing - who can afford it? THE WITZLMon, 16 May 2005 06:45
Read Message   Re: Housing - who can afford it? ToobsMon, 16 May 2005 07:27
Read Message   Re: Housing - who can afford it? ConquestMon, 16 May 2005 07:44
Read Message   Re: Housing - who can afford it?  ToobsMon, 16 May 2005 13:10
Read Message   Re: Housing - who can afford it? ConquestMon, 16 May 2005 13:51
Read Message   Re: Housing - who can afford it? ZZT231Mon, 16 May 2005 07:51
Read Message   Re: Housing - who can afford it? dimmy77_03Mon, 16 May 2005 09:13
Read Message   Re: Housing - who can afford it? Ko KoMon, 16 May 2005 12:54
Read Message   Re: Housing - who can afford it? ZZT231Mon, 16 May 2005 13:09
Read Message   Re: Housing - who can afford it? SupraPeteTue, 17 May 2005 03:18
Read Message   Re: Housing - who can afford it? Corona RT142Tue, 17 May 2005 03:26
Read Message   Re: Housing - who can afford it? Corona RT142Tue, 17 May 2005 03:30
Read Message   Re: Housing - who can afford it? SupraPeteTue, 17 May 2005 03:35
Read Message   Re: Housing - who can afford it? SupraPeteTue, 17 May 2005 03:36
Read Message   Re: Housing - who can afford it? ShrakaTue, 17 May 2005 03:36
Read Message   Re: Housing - who can afford it? ZZT231Tue, 17 May 2005 23:09
Read Message   Re: Housing - who can afford it? ShrakaFri, 20 May 2005 09:53
Read Message   Re: Housing - who can afford it? SupraPeteTue, 17 May 2005 03:38
Read Message   Re: Housing - who can afford it? Corona RT142Tue, 17 May 2005 03:39
Read Message   Re: Housing - who can afford it? lumpyTue, 17 May 2005 05:27
Read Message   Re: Housing - who can afford it? RibfeastTue, 17 May 2005 09:56
Read Message   Re: Housing - who can afford it? THE WITZLTue, 17 May 2005 11:15
Read Message   Re: Housing - who can afford it? thechucksterTue, 17 May 2005 11:24
Read Message   Re: Housing - who can afford it? Corona RT142Tue, 17 May 2005 23:15
Read Message   Re: Housing - who can afford it? soarerchicSun, 22 May 2005 11:17
Read Message   Re: Housing - who can afford it? thechucksterSun, 22 May 2005 11:34
Read Message   Re: Housing - who can afford it? soarerchicSun, 22 May 2005 11:38
Read Message   Re: Housing - who can afford it? thechucksterSun, 22 May 2005 12:09
Read Message   Re: Housing - who can afford it? soarerchicFri, 27 May 2005 07:18
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