For many of our clients, the 2011 year will be the first year we have completed your annual SMSF accounts. At Superfund Partners, we often do things a little different compared to your typical end of year style accountant. With that in mind,
The ATO has released a draft ruling which empowers self managed super fund trustees to renovate and improve properties purchased under limited recourse borrowing arrangements.
Prior to the ruling being released, it was not feasible for a SMSF to improve, enhance or renovate property acquired where a limited recourse loan was used –
A common question SMSF trustees who invest in direct property have is: When does our SMSF property investment need to be revalued?
In this article I will not only confirm when properties held by SMSF need to be valued, but also how they can be valued and who can value them.