(08) 9317 7300

News & Updates

Investment Property Rules within a SMSF

 

There is no doubt that many new SMSF’s are being established for the purpose of borrowing to invest in property. Although purchasing property in a SMSF has many attributes and advantages, it is very important that Trustees of a SMSF fully understand the ATO’s distinction between what is considered an improvement versus repairs or maintenance, and at what point do improvements to the property make it a replacement of the original asset.

These distinguishing factors are important they be clearly understood by Trustees to ensure that it is in keeping with your Strategy and that your SMSF continues to be compliant.

The following article is well worth the read as it provides clarity where, in the past, the ATO has not been clear enough.

http://thesmsfcoach.com.au/2013/04/11/smsf-borrowing-what-can-i-do-with-an-investment-property-within-the-rules/

Article Categories


Latest Articles


Stay updated

Subscribe to the Baggetta newsletter to stay updated with regular industry and company news.


Establised 1989. Over 25 years. Advice you can rely on.

Is it time for a change?

For more information about the services we provide, or to find out if you are eligible for a free no-obligation consultation, call us now on 9317 7300.

The information provided on this website is for general guidance only and is no substitute for professional advice. It should not be used as a substitute for legal, business, accounting, tax, financial planning or other professional advice.