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 (couple of years)
- How can he possibly do it without having to buy it back off the SMSF?
Cheers
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 (couple of years)
- How can he possibly do it without having to buy it back off the SMSF?
Cheers