Whether or not a property is business real property is a common question faced by members who own a property personally and want to transfer it to their SMSF.
business real property
How does an SMSF buy a property?
There are a lot of considerations about buying property as an investment and the complexities increase when the purchaser is an SMSF.
Can your SMSF buy your business?
“I am the sole director of my private trading company and I also own the premises from which my business is being run. Can my SMSF acquire the premises and the shares in the company from me?” This question comes up regularly so let’s split it into two parts before answering it. Transfer of the […]
Business Real Property in SMSFs
Business Real Property in SMSFs: SuperCentral Many SME business owners have ownership of the property where they work or, in many cases, aspire to owning their business premises. For many an SMSF is the ideal entity for their business real property (BRP). This article looks at some key issues to consider: land tax, stamp duty […]