SMSF Property Investment

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 solely for the purpose of providing Superannuation benefits to you and any other members of your SMSF at retirement. A simple rule of thumb to indicate whether you’re likely to mee

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 investment. The most pain we witness is from SMSF who have purchased apartments off the plan, as they are locked in an unconditional contract and failing to settle would generally r