An ex-property developer who defrauded SMSF investors has lost an appeal against his conviction.

SMSFs run the risk of having a fully paid property liquidated if a bare trust servicing multiple assets under a limited recourse borrowing arrangement is being used.

SMSFs using contributions strategies to fund a property development may still trip over tax rules that are yet to be clarified.

SMSFs considering property development should map out the transactions required to avoid being accused of conducting a business within the fund.

Property developments operating within an SMSF will be in breach of the sole purpose test if they ultimately deprive members of any potential retirement savings benefits.

SMSF trustees looking to move property into their fund should be questioned as to what their plans and motives are to avoid breaches of the sole purpose test.