Property and SMSFs, they go hand in hand. If you are into SMSFs then you must also be into property. That is what they are all about. But the rules are complex. Really complex.
The ATO just had to release a detailed bulletin about all the mistakes being made to do with property developments. There are people paying double stamp duty on property purchases, there are seminars promoting schemes that will result in NALI.
With so so much to be aware of, we've dedicated this whole day covering SMSF & Property workshop. Yes, a full day. There really is that much to cover.
Here's what we will cover:
- All the SMSF investment restrictions and how they relate to property
- What is business real property?
- When can you acquire residential property off a member, a related party or another fund
- Related unit trusts versus unrelated unit trusts
- Regulation 13.22
- Stamp duty, land tax and other state tax matters
- Bare trusts and single acquirable assets
- Related party borrowings
- Property development
- Non-arms length income and expenses
- Strategies and case studies