There are a lot of considerations about buying property as an investment and the complexities increase when the purchaser is an SMSF.
SMSF property
SMSFs can make a concessional transfer of property
If the SMSF is short on cash to roll over a member’s benefits it is possible for a member to transfer a property ‘in specie’ to another SMSF.
Newsflash: Qld changes to LRBAs ‘positive’ for trustees
Changes to the duties law in Queensland will ‘positively’ affect an SMSF buying property in Queensland through a limited recourse borrowing arrangement (LRBA), says Townsends Business & Corporate Lawyers principal Peter Townsend.
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 […]
This old house cannot be repaired in an SMSF
This old house cannot be repaired in an SMSF: Townsends Business & Corporate Lawyers Renovating property inside an SMSF – property must be freehold This old house …….. Can let you down if not following SMSF rules Wealthier SMSFs More Likely to Fund Renovation of Ungeared Properties Some investors have misconstrued the ATO’s decision to […]