Self Managed Super Fund

SMSF Borrowing Is Safe...For Now
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Investors can still use limited recourse borrowing to buy properties (both residential and commercial) in their Self Managed Superannuation Funds. This is following the Federal Government’s rejection yesterday of the Murray Reviews’ proposal to ban self-managed superannuation funds from borrowing to buy property. The government has rejected the argument, saying it may be an important issue in the…

How to buy a property through a SMSF
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When you set up a SMSF, you become the trustee of the fund, or director of a company that’s a trustee. “In either case, you’ll be responsible for managing it according to its trust deed and the laws and rules that apply to SMSF’s,” the Australian Taxation Office (ATO) says. “The key principle is that…