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.

In this episode, we dive into the frequently discussed topic of property within SMSFs. We discuss whether an SMSF can invest in commercial or residential property, the possibility of borrowing money to purchase a property, investing in land for building or farming and even purchasing overseas properties, plus more. We'll also cover the documentation required for property purchases within an SMSF.

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

SMSF Guide & Toolkit: As mentioned in the episode, please find more information here: https://bit.ly/3NCKdpK

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

In this episode, we delve into investing through an SMSF and the compliance obligations required by trustees. 

We cover a range of topics, such as the Sole Purpose Test, the importance of an investment strategy, and how to create one. Additionally, we explore whether an SMSF can offer the same type of insurance as retail industry super funds. 

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

Following our first episode, we discuss the role that the ATO plays and how trustees can stay on top of the rules and regulations.

Plus, when starting an SMSF, all fund members are required to be individual trustees or directors of the trustee company. So, you will need to decide which type of trustee is suitable for your fund. Individual or Corporate Trustees? We discuss the difference and any pros and cons.

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.

In this enlightening episode, we delve into the intricate world of Self-Managed Super Funds (SMSFs), one of the cornerstones of financial planning in Australia. Through a thoughtful and engaging conversation, we hope to demystify what an SMSF really is, why SMSFs exist, and why someone would consider opting for an SMSF.

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.

Welcome to SMSF Unpacked, the podcast dedicated to demystifying the world of Self Managed Super Funds (SMSF). Hosted by Ailidh Morrison, SMSF Direct Sales Manager, and Nicholas Ali, Executive Manager of SMSF Technical Support at SuperConcepts.

Whether you're considering setting up your own SMSF, or simply curious about the topic, this podcast is designed with you in mind. Stay tuned for our upcoming episodes where Ailidh and Nicholas will deep dive into the essentials of SMSF – from the initial set-up to understanding your compliance obligations and much more.

Join us as we unpack the intricacies of SMSF and address the common questions we receive from individuals like you who are looking for clarity and understanding before making a decision.

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.