SMSF Australia Blog Articles

The Superannuation laws (SISA) allow an SMSF to borrow money under a limited recourse borrowing arrangement (LRBA) provided the asset acquired is held on trust. SISA does not identify the

No, a bare trust cannot be reused when it ceases to hold property on behalf of a SMSF after the loan has been repaid and the title transferred to the

A self-managed superannuation fund (SMSF) cannot legally borrow by itself and thus must use a legal vehicle known as a Bare Trust to buy the asset with borrowing while showing

Which bank is best for SMSF accounts? There is no one right answer but we will look at the process of opening the SMSF bank account, how to assess an

Yes, but only under strict conditions. Learn about related party rules, arm's length rent, and the sole purpose test for SMSF property leasing.

Technically yes, but practically not recommended. Find out why SMSF laptop purchases raise sole purpose test and audit risks with minimal tax benefit

Yes, once you meet a condition of release. Learn how SMSF lump sum withdrawals work, including pension commutations and in-specie payments

Usually no, but limited exceptions exist. Learn when SMSF members can live in fund-owned property, including primary production land and manager's residences

Yes, if you've met a condition of release. Learn how to use SMSF funds to repay your mortgage via lump sum or pension withdrawals tax-free after 60.

Generally no, but exceptions apply. Find out when SMSF trustees can be paid for non-trustee services, and what qualifications and conditions are required