Today we’re going to look at the structure that’s required for a self managed super fund to invest in property. We’ll look at the entities required - including the SMSF itself. More often than not, if you’re setting up an SMSF to invest in property, you’ll want to leverage - that is you’ll want to … [Read more...] about Structuring Your SMSF to Borrow and Invest in Property
8 years ago, we saw the need in a growing market for lending experts who specialise in SMSF. Our team now combines years of experience through every aspect of self-managed super funds. Together, we organise more limited recourse borrowing arrangements (LRBA or SMSF loans) in a week than most other brokers or bank branches in a year. Here we share some of our insights as well as SMSF news with you.
Our expertise has been sought by and seen in Australian Broker, the Herald Sun, Money and Mamamia.
You might have heard Self Managed Super Funds - or SMSFs - also referred to as ‘DIY Super’. While there’s no doubt that having a Self Managed Super Fund gives you much greater control and autonomy than a managed fund, the term ‘DIY Super’ can be dangerously misleading. Self Managed Super Funds … [Read more...] about Why SMSFs aren’t really ‘DIY Super’?
If you’re reading this article, then chances are you’re thinking about using a Self-managed Super Fund for property investment - if that’s you, it’s important to take a moment to consider ATO’s sole purpose test. To put it simply, the sole purpose test determines whether your SMSF is being managed … [Read more...] about The Sole Purpose Test – What it is and how to stay compliant
We are not going a week without getting a distressed call from someone who has purchased an apartment with their SMSF only to find out that getting finance for it is extremely difficult and I thought it might help to discuss some of the things to look out for for trustees considering this kind of … [Read more...] about Why you should think twice before buying an (off the plan) apartment in your SMSF
Who has not heard a 100 times that rent is dead money. That might be the case unless you are paying it to your own superannuation fund (SMSF). Many business owners don’t realise that they could use their superannuation (and their spouse’s super) as a deposit to purchase a premises for their … [Read more...] about Tired of Paying Rent to a Stranger for your Business Premises?
In Part 1 of this article on the ATO's Audit focus on SMSFs with LRBAs that don't meet their Guideline for non-arms length dealing, we looked at the ATO's position and why it's important that your LRBA meets their requirements (this applies to SMSFs with 'non-bank' limited recourse borrowing … [Read more...] about ATO Auditing of SMSFs’ Limited Recourse Borrowing Arrangements – Part 2
Earlier this year the Australian Taxation Office (ATO) published a new Guideline for ensuring that non-bank limited recourse borrowing arrangements (LRBAs) meet the ATOs requirements for arms length dealing. The ATO has also warned that from the 1st of July 2016, they will be auditing … [Read more...] about Limited Recourse Borrowing Arrangements and ATO Auditing – Part 1