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Thanks very much for all of your opinions & advice.

Thanks everyone. He didn't expect he'd be retired by 50. 'Spose there's worse things in life! He's very old fashioned & by the book so he'll always follow the rules. With the "arms length" rules, once he sells the rest of the business, he'll still work for them, can't one of his...

I've never been too keen on his accountant but looks like he's right. I'm trying to get more opinions. He didn't think far enough ahead to buy it in the right structure. Property has mangoes & other fruit on it. Could he refinance so the fruit is within the SMSF 'area' and live in the...

I've searched & searched but can't find my answer. Can someone please direct me, or advise how the following is possible (I'm sure it's possible!) - Friend sold part of business, put funds into SMSF, bought property on the river with house - Wants to retire soon & live in it eventually...