Essential guidance on acquiring and holding business real property
Meeting the business real property requirements involves navigating and following complex rules to ensure that real property purchased by an SMSF from a related party qualifies as business real property.
The process requires a thorough review of all the facts and circumstances to comply with the requirements of section 66 of SISA.
While there are severe compliance outcomes for getting it wrong, our factsheet provides key insights to help make an informed decision.
