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Tag: Limited recourse borrowing arrangement

Inside ASIC’s SMSF push

PORTFOLIO POINT: ASIC will make it tougher for industry professionals to push clients down the path of opening a SMSFs. The snowball in the numbers of SMSFs and the associated members and trustees continues rolling and growing. The latest tax office data, released over the weekend, shows SMSFs numbered 509,362 at 30 June, with a […]

Super property bells ring louder

PORTFOLIO POINT: Property gearing in SMSFs seems to be here to stay, but beware. Plus: Roger Montgomery, I accept your challenge. At the time, it was one of the biggest surprise decisions to have ever occurred to the superannuation industry. In September 2007 – nearly six years ago – the rules were changed to allow […]

Grim reaper threat to SMSF property

PORTFOLIO POINT: Don’t let your partner’s death destroy your SMSF’s property dreams. Death can be rather inconvenient, particularly if poorly timed. And I’m not talking about the impact on the deceased. Sure, mostly, they aren’t going to be thrilled with the event. But it tends to be rather final and today we’re going to assume […]

Beware the property hard sell. ASIC is watching

PORTFOLIO POINT: ASIC applies the blowtorch to SMSF property spruikers, with advisers and accountants also feeling the heat. Better late than never. Property spruikers be warned – the consumer watchdog has had enough and a bunch of businesses who thought they were operating outside of the reach of the law are about to get a […]

Busting the super reforms myths

PORTFOLIO POINT: Let’s bust a few myths about the real losers of last week’s high-end super tax grab. One week out from the new changes to super and the uncertainty as to how everything will really work is no less confusing. There are way too many questions that need to be answered. For that, we’re […]

Understanding property investments in your SMSF

PORTFOLIO POINT: Question overload at this week’s Eureka Report SMSF property webcast. Here’s a collection that time didn’t allow us to get to The well of interest in property in SMSFs is certainly deepening. It’s partly low interest rates and the flatlining of property prices in most states for some years. Take into account inflation […]

Property investing for dummies: Lending lines for DIY funds

PORTFOLIO POINT: Adding a negatively geared property to your SMSF can provide an extremely low-tax environment, even for accumulation SMSFs. As SMSF trustees, we pride ourselves on our thirst for knowledge. And that includes tax. Superannuation is, after all, a vehicle that is primarily about tax-effective saving and income streams, for your retirement. That’s one […]

The mechanics of DIY gearing

PORTFOLIO POINT: Debt, as an investment tool, is staging a comeback. Here’s how trustees prepared to up the risk can potentially rebuild battered SMSF balances. Debt is roaring back onto the agenda for SMSFs, as a happy confluence of investment triggers push trustees into mindsets of considering more risk. Virtually zero real cash interest rates, […]

Seven super tips for 2013

PORTFOLIO POINT: Take a moment to be thankful for returns in calendar 2012. Now, focus on what you need to do in 2013. In recent years, it’s been rare that SMSF trustees have had so much to be pleased with when it comes to performance. And returns in 2012 were something to put a smile […]

The ATO’s super property crackdown

PORTFOLIO POINT: The Tax Office has warned of a SMSF property borrowing crackdown. You must get these investments right up front. A fair warning has been issued by the ATO – if you haven’t set up your geared property deals correctly, they could be coming after you. And getting it wrong could cost you half […]