Join us as we explore the world of SMSF borrowing in more detail. Following our previous episode, we delve deeper into the nuances between home restorations and improvements and provide a more comprehensive understanding of non-arms length income. Additionally, we discuss the essential qualifications required for establishing a limited recourse borrowing arrangement (LRBA) and the pivotal role of the Bare Trust or Holding Trust in the borrowing process.

Subscribe: Don't miss any of our upcoming episodes – hit subscribe to get the latest SMSF Unpacked episode as soon as it's live!

Share: If you find this podcast valuable, please help us spread the word by sharing it with your network. The more people we can help understand SMSFs, the better!

Questions: If you have any questions you would like Nick to answer in this podcast, or if you would like to chat with me about setting up your SMSF, reach out to us at podcast@superconcepts.com.au

LRBA Fact Sheet and checklist:  As mentioned in the episode, please find more information here: https://bit.ly/3Pvi3yA

The information in this podcast is factual information only. It doesn’t contain any financial advice or make any recommendations about a financial product or service being right for you. Any opinions stated by a podcast guest are the personal views and opinions of these individuals only and don’t necessarily reflect the views of SuperConcepts. It’s important to consider your particular circumstances and read the relevant disclosure document, including the Terms and Conditions, before deciding what's right for you.

See privacy information https://bit.ly/3E5H7Uf.

Get ready to explore the depths of the collectibles universe as we delve into its intricacies. Discover what items are considered collectibles, including one of the common queries we encounter. Is bullion considered a collectable? We cover topics such as secure storage, usage restrictions, insurance, and valuation methods. We also shed light on the specific obligations and responsibilities of SMSF administrators and auditors, including the regulation around selling collectibles to oneself.

Subscribe: Don't miss any of our upcoming episodes – hit subscribe to get the latest SMSF Unpacked episode as soon as it's live!

Share: If you find this podcast valuable, please help us spread the word by sharing it with your network. The more people we can help understand SMSFs, the better!

Questions: If you have any questions you would like Nick to answer in this podcast, or if you would like to chat with me about setting up your SMSF, reach out to us at podcast@superconcepts.com.au

The information in this podcast is factual information only. It doesn’t contain any financial advice or make any recommendations about a financial product or service being right for you. Any opinions stated by a podcast guest are the personal views and opinions of these individuals only and don’t necessarily reflect the views of SuperConcepts. It’s important to consider your particular circumstances and read the relevant disclosure document, including the Terms and Conditions, before deciding what's right for you.

See privacy information https://bit.ly/3E5H7Uf.

Join us in this episode as we explore the world of SMSF borrowing and what this means for you. The discussion covers the fundamentals of SMSF borrowing, including Limited Recourse Borrowing Arrangements (LRBAs), the holding trust and trustee appointments, safe harbour guidelines, the potential to borrow to build and the limitations that apply. 

Subscribe: Don't miss any of our upcoming episodes – hit subscribe to get the latest SMSF Unpacked episode as soon as it's live!

Share: If you find this podcast valuable, please help us spread the word by sharing it with your network. The more people we can help understand SMSFs, the better!

Questions: If you have any questions you would like Nick to answer in this podcast, or if you would like to chat with me about setting up your SMSF, reach out to us at podcast@superconcepts.com.au

LRBA Fact Sheet and checklist:  As mentioned in the episode, please find more information here: https://bit.ly/3Pvi3yA

The information in this podcast is factual information only. It doesn’t contain any financial advice or make any recommendations about a financial product or service being right for you. Any opinions stated by a podcast guest are the personal views and opinions of these individuals only and don’t necessarily reflect the views of SuperConcepts. It’s important to consider your particular circumstances and read the relevant disclosure document, including the Terms and Conditions, before deciding what's right for you.

See privacy information https://bit.ly/3E5H7Uf.