News : Property

Commercial lease negates NALI

August 29, 2023

A rise in the market value of an SMSF property is unlikely to trigger the NALI rules if a commercial lease with the tenant exists.

Property scheme scrutiny widens

August 17, 2023

Todd Wills

The ATO has altered a key definition in its latest taxpayer alert regarding SMSFs and property development schemes.

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Business News, Markets, Property

Household Capital grows funding capability

August 14, 2023

Darin Tyson-Chan

Household Capital has increased the size of its home equity release funding pool through a deal with Pacific Equity Partners Capital Solutions.

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Property, Superannuation

Fund members access $400m for first homes

July 31, 2023

Jason Spits

Superannuation fund members have accessed more than $400 million to purchase a home since the start of the First Home Super Saver scheme in 2018.

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ASIC, Property

ASIC takes action against property developer

July 26, 2023

Jason Spits

ASIC has sought orders to shut down a property investment company and ban its director, saying the business’s development schemes via SMSFs were unlicensed and unregistered.

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Property, SMSF

Software property valuations limited

July 24, 2023

Darin Tyson-Chan

The strength of SMSF property valuations generated by administrative software applications is dependent on when the procedure is performed.

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NALI/NALE, Property

Undervalued trust units a NALI risk

July 6, 2023

Jason Spits

SMSFs purchasing low value stakes in interposed entities to develop property will need to prove they were at market value to avoid breaching NALI provisions.

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ATO, Property

Home purchase schemes a concern

July 5, 2023

Jason Spits

Schemes promoting the use of an SMSF to purchase a residential home for use by fund members have been flagged by the ATO as likely breaching a number of superannuation laws.

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Property, SMSF, Trusts