Professionals / SMSF / SMSF Strategy

What is a 'single acquirable asset' for limited recourse borrowing arrangements?

One of the key changes that took effect on 7 July 2010 for limited recourse borrowing arrangements (section 67A  of  the SIS Act), was the introduction of the terminology of a ‘single acquirable asset’. This change has had a profound impact on many of the strategies that were available under the ‘old’ section 67(4A) where the … Continue reading »

Professionals / SMSF / SMSF Strategy

Buying "off-the-plan" with limited recourse borrowing arrangements

Recent media suggests rapidly growing interest in the use of limited recourse borrowing arrangements to acquire property using a Self Managed Super Fund. One of the more common ways people are acquiring property is through “off-the-plan” (OTP) developments, whereby the SMSF signs a contract for the vendor to deliver at settlement a completed apartment. How an … Continue reading »

20 things you need to know about undertaking borrowing inside a SMSF to acquire property
Professionals / SMSF / SMSF Strategy / Trustee education

20 things you need to know about undertaking borrowing inside a SMSF to acquire property

  Borrowing inside a SMSF has been an attractive option for many people considering the acquisition of property, whether it be commercially (i.e. for their business) or for residential investment.  Whilst SMSF borrowing can be an attractive option to consider, it has a range of important features that people need to be aware of when … Continue reading »

Important changes about to be introduced for SMSF Instalment Warrants
Professionals / SMSF / SMSF Strategy

Important changes about to be introduced for SMSF Instalment Warrants

Yesterday saw an important step forward for the use of instalment warrant lending inside Self Managed Super Funds with the introduction of Superannuation Industry (Supervision) Amendment Bill 2010.  There have been more questions than answers since Taxpayer Alert TA2008/5 was issued by the ATO (along with an extensive Q&A document).  Then subsequent to that, the ATO … Continue reading »