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Hi Paul, that is a good point, I hadn't thought about the potential impact on the bare trust itself. Note that my intent is to maintain the 100% offset amount for say 12 months prior to settling another property. I have checked the deed and other documents and can't see anything that would...

I had some feedback in another thread about the use of offsets in SMSFs but I really need something specific before I go to a private ruling. Here are two scenarios; SCENARIO 1 SMSF IP1 on bare trust - settled at $550k SMSF limited recourse loan 1 on IP1, $440k SMSF offset against loan...