Tag Archives: SMSF

Masterclass SMSF – Acquiring assets from related parties – a possible solution for property?

Property – when the SMSF hasn’t enough to borrow itself – acquiring assets from related parties may be possible using a non-geared related unit trust or company. From August 1999, the only other alternative for your SMSF to invest in … Continue reading

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Masterclass SMSF – Related Party Investment SMSF – or In-House asset SMSF – what is allowed?

The Australian Tax Office (ATO) as regulator of SMSFs, is clear about the investing part of running an SMSF – “You need to manage your fund’s investments in the best interests of fund members and in accordance with the law. … Continue reading

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Masterclass SMSF – How to buy property with super fund – the steps for SMSF Property purchasing

The legislation for Self-Managed Super Fund (SMSF) allows for borrowing to acquire properties when specific criteria are met. There are 2 main ways self managed super funds are buying property: Outright – If there is enough money to cover the … Continue reading

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Masterclass SMSF – How the downsizer contribution works from sale of your home near retirement

The 2017 federal budget brought in a new allowance for a new type of superannuation contribution for individuals looking to downsize their principal residence. Michael Hallinan at smsmagazine.com.au explains some of the rules around these new contributions. The downsizer contributions … Continue reading

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Masterclass SMSF – End of year checklist – Set up for the end of financial year (SMSF)

Now there are a few weeks to the End of Financial Year (EOFY) left, it’s time to have a review to ensure all is in order and all ACTIONS taken by 30 June deadline, as well as papers documenting all … Continue reading

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Masterclass SMSF –What happens to super when you die?

On the death of a person the law is that a member’s benefits must be cashed as soon as practicable. It is called a death benefit payment. Super does NOT form part of a person’s estate. To do so, a … Continue reading

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Masterclass SMSF – What can SMSF invest in?

For the Self-Managed Super Fund (SMSF) Trustee, there are certain rules that must be followed to ensure the SMSF super fund stays compliant regarding what you can invest in. Here they are and the Regulations or rule from the SIS … Continue reading

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