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Thanks for that Mike, Hubbie and I are very keen to set up a SMSF to buy IP's but unfortunately we dont have enough in our super funds (even combined) to do so. We are both ex military (I australian ADF and He British) and we cant get to our funds accumulated whilst in the military, which...

I received an email in the last week (on this persons mailing list) which said that the government has said it is watching closely the level of borrowings within SMSF's and a review of the act allowing borrowing will be looked at in 2012. It was suggested in this newslwtter that anyone...

Correct, you cant use that equity built up, although I do know of one well known accountancy firm that claims thay have a legal way of doing this. I have asked another accountant who used to work for this firm how can they do that, his reply "they sail very close to the edge of the law".