LRBA Property Development Catch-22

LRBA Property Development Catch-22

In this second article of our four-part series, we look at the compliance issues surrounding property development and LRBAs. One of the concerns outlined by the ATO in SMSFRB 2020/1 is SMSFs investing in property development through an LRBA. And while an LRBA can be...
What Happens Once an LRBA is Paid Out?

What Happens Once an LRBA is Paid Out?

While paying out a limited recourse borrowing arrangement (LRBA) can free up cash and finally bring in some additional income for SMSFs, it’s what happens afterwards that makes the SMSF audit hassle-free. Despite the restrictions placed on LRBAs by the...