Why Cryptocurrency is SMSF Kryptonite

Why Cryptocurrency is SMSF Kryptonite

As SMSF trustees start to chase higher returns in a low-interest rate economy, interest in investing in cryptocurrencies (such as Bitcoin “BTC”) is on the rise. But with the BTC bubble hotly anticipated to burst, is cryptocurrency just SMSF kryptonite in disguise? As...
The Pitfalls of Property Valuations – Part 3

The Pitfalls of Property Valuations – Part 3

Unless an SMSF has invested in property through a limited recourse borrowing arrangement (LRBA), the fund is prohibited from borrowing under s67 SIS. The most common way to verify a borrowing is to review the results of a property title search and see whether there...