SMSFs with business real property are not required to use every part of it as long as they can show it is not being used for any other purpose.

Property purchases during the latter part of the life cycle of an SMSF may not meet the sole purpose test.

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.