What is an SMSF Loan?

What is an SMSF Loan? SMSF Loans (or Limited Recourse Borrowing Arrangements – LRBAs) assist SMSF trustees to borrow money to buy an investment property within their SMSF. SMSF Loans benefit people who need to build their retirement savings faster, or would like...

Room to rent? Read this first.

This article is very handy for your clients who are thinking of renting out a room for travellers which is becoming a popular way to make some extra cash. It explains the tax implications (income and CGT) and outlines possible deductions to offset potential tax. Room to rent? Read this first.