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Details matter JK, if I my offer one more bit of advice, despite what people with vested interests tell you SMSFs and borrowing are not a simple matter. I have found from personal experience that even the smallest detail can make a big difference. The only way to proceed in my view is to get...

Get specialist SMSF legal advice I've used DBA who are Melbourne based and can recommend them. They provide excellent explanatory documentation along with the required documents to execute. Don't assume that by filling in a few blanks on a document that you already have constitutes...