Can I borrow inside my self managed super fund?
Many people are curious to know whether they can borrow inside their self managed super fund. The short answer is yes. There are a few rules – our expert team will sort this out for you.
YOU CAN:
- It’ll need to be a limited recourse borrowing arrangement
- The asset and loan will need to be held using a Bare Trust Arrangement.
YOU CAN:
- Borrow to buy any asset class
- Lend money to your SMSF, as long as you have an arm’s length arrangement
Feels a bit like accountant-speak? Our team can break it down for you.
Reach out to us for a chat.
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