Can we lend money from our SMSF to finish building our new house, then return the amount to the SMSF as soon as we sell our current property?
Some is cash waiting to be invested and the rest is currently in shares that would need to be sold to make the payment.
No - that would be a breach of the SMSF investment rules.
Your SMSF auditor would be required to report to ATO as a contravention.
No - that would be a breach of the SMSF investment rules.
Your SMSF auditor would be required to report to ATO as a contravention.
10 Apr 2025 · 4 min read time
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