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The purchase of the physical property by the SMSF and the operating side of the business P/L are completely separate. Two purchasing contracts ... just so there can be no misunderstanding. The physical property will be held within, and by, the SMSF with a SMSF loan with the bank. The...

The value of the SMSF share holding in the P/L is 1.25% of the total value of the SMSF. The SMSF monies put into the physical property is around 50% of the value of the SMSF with a mortgage LVR of 45%. The other 48-odd% is held in ASX blue chip shares and high interest cash. I have had...

Far out - why do they make it so difficult to fund your own retirement? Anyhow, from what I understand a breach would only occur if the income was not considered "arms length" from the beneficiaries of the income and earned via a trust. We have been very careful to keep everything above...

Yep - contacted Peter as you suggested.

On thought - I will correct myself. Can undertake improvements on property within the SMSF, even if there is a loan ... but ... cannot use loan proceeds to do such improvements.

To clarify in my own mind - as much as sharing - I thought I'd put our story down. We have had a SMSF for around 3 years now. Invested only in high interest cash and a selection of 8 blue chip shares. The shares are on reinvestment. Come have gone up (WBC RIO BHP) - some have gone down...

We are currently purchasing a significant commercial property and business through our SMSF ... and our understanding is that whilst there is a loan on the property within the SMSF you cannot do any improvements to the property - you can only undertake repairs. Although "repairs" can be a lose...