Sam Saad

But it's honestly something that can be easily missed.

And the timeframes are weeks and weeks, sometimes if you miss a date.

So if you don't get it right, you could lose the sale of your business or lose the sale of the property or have the wrong tenant in the place that you want them to be.

So it's important that you get it right.

No, unfortunately not.

It's something that's locked into place.

It's to give the landlord and tenant some certainty around what they're going into.

In some instances, a landlord or a tenant may be willing to mutually negotiate and change those terms, which gives the tenant some security.

Sometimes you can ask for a longer lease, and usually landlords are usually happy with that.

Morning, Craig.

Thanks for having me back with you again.

Yeah, that's right, Craig.

Look, an SMSF is, as you said, a self-managed super fund.

It's basically a superannuation fund that you set up for yourself to allow you to invest your super monies in the way that you want to invest them.

For example, you can invest them in residential or commercial property.

It allows you to have full control over what you want to invest your super and your future retirement savings in.

Look, Craig, one of the first things you need to do is probably see your lawyer and accountant.

And if you have a financial planner as well, basically they'll guide you in the right direction to get you where you need to be to set up a trust company, a trust and make sure it's all compliant to allow you to move all your superannuation monies that you had in your previous fund.

to your self-managed super fund and get you ready to invest.

As we discussed last week, one of the most important things is to make sure that your trust is registered for GST to allow you to invest in commercial property if you're going down that path.