Borrowing to purchase an asset within a SMSF
Borrowing money for an asset within a SMSF (most commonly an investment or business property) can be a great way to leverage your returns, but like all gearing, it can magnify the losses too! It’s just as important to follow the very strict guidelines if it’s something you’re interested in.
KOM Financial Advice have the expertise to help you if you need it 🙂
Below is the short ATO Youtube video on the subject.