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Thanks Terry, as you can guess I bought in QLD so perhaps it is different there??? I also, have been told that the date on Bare Trustee is vital depending in which state you buy as their could be stamp duty implications once the property is paid off and transferred to the SMSF.

Well done... I have just settled one IP in November 2013 with borrowing in SMSF with 80% LVR, only SMSF financials, with St George and offset account, provided personal guarantees (as we are self-employed), and provided only SMSF paperwork (it was not necessary to provide individual or our...

The physical change can be allowed if there are no borrowings, so no borrowings on the existing house/land and you have cash to do the rebuild. However, it also has to satisfy the criteria that it is not an ongoing business that you are conducting so speak to an accountant that understands the...

That's correct. It's the same way as having a corporate trustee (a company) for a trust (SMSF). So for example it would be Redwing Pty Ltd ATF Redwing Superannuation.