EvolveMySuper

A few weeks ago the ATO issued a draft ruling enabling SMSFs to renovate and improve properties purchased under limited recourse borrowing arrangements. This ruling takes a very common sense approach and removes a lot of the confusion surrounding this issue.

There are restrictions on the renovation or improvement of investment properties owned by SMSFs where a limited recourse loan is used. This article examines the differences between repairs and improvements and what you are legally allowed to do.

There is a significant amount of information available on the web in regards to using your superannuation to purchase investment property through a self-managed superannuation fund and a limited recourse loan. However, the information seems largely theoretical, lacking detail and often only focuses on one particular aspect of what is a very complex process with [...]

In business one of the highest overheads you have is rent. Would you rather all that rent money going into your landlord’s pockets or funding your retirement nest egg?

Due to recent changes to the superannuation laws, you are now able to combine your existing superannuation savings with a special type of loan making it possible to own your business premises without the previously required large amount of capital.

In business one of the highest overheads you have is rent. Would you rather all that rent money going into your landlord’s pockets or funding your retirement nest egg?

Due to recent changes to the superannuation laws, you are now able to combine your existing superannuation savings with a special type of loan making it possible to own your business premises without the previously required large amount of capital.