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OK I really appreciate the multitude of road blocks you are exposing, I really do, but I guess I am looking for solutions as much as why it can't be done. I think we have established that a single development should not constitute the carrying on of a business. It is now obvious that the...

Thanks Terry & Paul. You have focused on the issues of concern. Firstly is this a business as suggested by Paul: This is a property development. SMSF trustees may increase the value of their property by repairs, improvements and development undertaken by the members or related parties...

What are you thoughts on doing a development within an SMSF? The situation could be like this. An SMSF has acquired land suitable to build a duplex development. No borrowings are required for either the purchase of the land or the subsequent development. The potential for capital gain or...