Top answers this month
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Ask an Adviser - Do I Have To Pay Tax On Money Gifted To Me By My Grandmother?
Hi I'm Tubby, My grandmother sold her property and gifted unconditionally $150000 to me to buy a house. Question, am I required to pay tax on the amount? From Tubby in Vic
Steve Luman
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Ask an Adviser - What Is A Fair Price To Pay For Adviser Fees?
Our question this week goes to the heart of the issue of fees. Is 1% of $500,000 about right? What is fair? What is good value? Should the payment be fee for service or percentage based on the amount of funds under management? Our advisers response will give you some food for thought.
Simon Capp
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Ask an Adviser - Our Retirement Strategy
We own our own home. We have a SMSF. We purchased a commercial building with debt owed. We have shares around 50k. We have approx. 300k to invest. Should we pay off debt, invest in shares or salary sacrifice?
Rodney Johnstone
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Ask an Adviser - Investment Property Decisions
Hi there, my partner and I are looking for a financial adviser experienced in property investing but also all round as we need direction with superannuation, savings etc. We currently own one house (mortgage on it), one block of land (mortgage on it) and building a new house on that block which we will move into and then sell current house. We would like to invest our sale of house proceeds into some new houses and are wondering if that is the better way to go? We make $220,000 a year combined in gross income plus super.
Brett Muir