MJM Valuers - Property Valuers in the Yarra Valley and Maroondah Area of Melbourne's Outer East - Shire of Yarra Ranges - City of Maroondah - Sworn Valuers

It is quite common now for people to manage their own superannuation funds and many of those funds are used to invest in real property assets. The general rule of thumb used by the majority of SMSF auditors is that property investments held by a SMSF must be valued at least every three years. There are some situations where property held by a SMSF must be revalued on a more frequent basis:

When a pension is commenced, a valuation from within 12 months prior to the commencement of the pension must be used
When the auditor believes that the valuation used in the accounts is either too high or too low
Where the SMSF has in-house assets and the auditor needs to ensure that the 5% in-house asset ratio has not been exceeded

The most important (and most common) exception of the above three is when a pension is commenced. Many SMSF members who have started a pension still contribute to their fund on an annual basis. This means that a new pension is potentially started each year. In this situation, Tax Determination TD 2000/29 will require the trustees to undertake a valuation each year, as the valuation must be within 12 months prior to the commencement of the pension.

MJM Valuer's have been helping clients to meet this requirement and stand ready to help you. By choosing MJM Valuer's, not only are you getting one of the areas most experienced and expert valuation teams, but also in future years efficiencies are gained in the inspection and report writing phases which in turn can lead to cost savings for you.

Many of MJM Valuer's clients are choosing to build wealth through property investment, and our astute clients seek advice from MJM Valuers before purchasing, selling, and increasing the size of their portfolio, as well as reporting the value of their portfolio every five years, or more frequently, to determine their equity and decide on their acquisition program for the coming five year's.

MJM Valuer's also undertake feasibility studies for those wishing to undertake small development projects. It is now common for mum and dad investors to undertake small subdivisions of residential lots, however there are some traps for the unwary, MJM Valuer's can assist in the decision-making process and ensure you achieve the highest and best use of your development project.

MJM valuer's are ready to partner with you and assist in your wealth creation program through informed property investment.