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News & Articles on Finance & Business, Accounting, Taxation, SMSF & more

The Seven Deadly SMSF Borrowing Sins

If you commit one of these seven deadly sins, your limited recourse borrowing arrangement (LRBA) can cost you dearly with double or even triple stamp duty, confusion over ownership and SMSF audit problems. Despite recent uncertainty, the government’s decision in the 2015 Federal Budget to leave superannuation alone for the foreseeable future means debt-funded property investing remains a viable strategy for SMSF investors. However, you may have been tempted by the self-proclaimed property guru offering to reveal the hidden secrets

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