Navigating Property Purchases in SMSF: Key Considerations

Discover the potential of your Self-Managed Super Fund (SMSF) with strategic property borrowing. Learn how to use borrowed funds correctly, focusing solely on property acquisition and related costs, ensuring compliance with SMSF rules. Understand the importance of the single asset requirement and holding the property on trust to safeguard your investments. Benefit from limited recourse security, protecting other SMSF assets from loan default risks. Explore the restrictions on property improvements during the borrowing period. Emphasize the importance of legal compliance and thorough documentation to prevent complications. For tailored advice, consult a professional to navigate the complexities and maximize your SMSF’s potential.

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