The tax-free status of an SMSF may be the key to deciding whether to retain a property asset inside the fund when a member dies.

Property improvements carried out within an SMSF are most likely to be the place where NALE breaches occur as trustees make mistakes about what actions they can take.

SMSFs can use a related-party builder for construction work, but must have clear arrangements around the purchase of materials and terms of the contract.

Changes to the Home Equity Access Scheme will increase its appeal to retirees and provide more flexibility in using capital tied up in residential property.

SMSF trustees must be able to prove property assets are held on behalf of their fund and not by them personally to avoid breaches and penalties.