Did you know a self-managed super fund (SMSF) can borrow money to purchase assets such as property and shares?
LRBA
What to consider when updating SMSF trust deed
If your trust deed was prepared quite some time ago, it may be time to update the governing rules of your SMSF trust deed. Doing so means that you can have peace of mind in knowing that the rules are current.
Securing assets of an SMSF for the short term
You see a property that you want in your SMSF but there’s no time to arrange a bank loan before you must finalise the purchase or miss the property. Let’s lend the money ourselves and then refinance shortly thereafter.
Low interest rates prompting LRBA refinancing
SMSF trustees should not give into the siren call of low interest rate refinancing of their Fund’s loan until they have considered these points.
Five traps for SMSFs buying off-the-plan
John and Mary are looking to acquire an off-the-plan property through their SMSF. They need to consider the five following points.
SMSFs must transact at arm’s length
This article provides an explanation of the arm’s length dealing concept, drawing upon provisions in relevant legislations, ATO Rulings and published information.
Intermediary LRBA – ATO approves new loan structure
Despite all the criticism of LRBAs the ATO has seen fit to give the industry a new lending approach in the form of an intermediary LRBA.
SMSFs selling geared equities which the Fund borrowed to buy
If your SMSF can’t hold on any longer and must sell a parcel of shares or units which it borrowed to purchase, there are compliance issues which must be remembered, pandemic or no pandemic.