Good morning daily

Drop in and dribble on about nothing serious. Seriously a mad place to hang out. Better to avoid it if you're not in the mood!!! If you're determined to be sad, bad, mad & angry then move along!!!
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Newcastle George
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Re: Good morning daily

Post by Newcastle George »

Good morning All. 22*here with same forecast as the maximum.
Thankfully, yesterday was much the same which enabled me to finish the restoration of the bus rear by reinstalling the spare wheel carrier.

Photo below
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100_7982.JPG
George
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George, Julie, Leonie & Sean - Kotara, Newcastle
DIY 11.5M 1979 Bedford, Nissan/UD FE6T motor
BernieQ2
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Re: Good morning daily

Post by BernieQ2 »

Newcastle George wrote: Mon Nov 10, 2025 11:10 am Good morning All. 22*here with same forecast as the maximum.
Thankfully, yesterday was much the same which enabled me to finish the restoration of the bus rear by reinstalling the spare wheel carrier.

Photo below
Click to enlarge
100_7982.JPG

George
looks good George..
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jon_d
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Re: Good morning daily

Post by jon_d »

Pension is tax free to Jon ;) :lol:
Terry, I'm talking about superannuation.

Accumulation mode - where actual investment earnings are taxed at 15%
Pension mode - where actual investment earnings are tax free.

Having real estate in super during pension mode on a self managed fund is questionable.
Sure the asset will grow but you can't sell part of a house to fund the required draw down. There has to be an adequate mix.
You could only draw down any rental income.
Renting your own house from your own self managed not allowed.

Anyway, regardless, I wish you all the best and hope that the decisions made are successful.

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