The current US President used to be a property developer. Many SMSFs want to follow in his footsteps. Unfortunately, they are a lot more hamstrung in doing so than he was. Jeff Song from Townsends Lawyers explains.
SMSFRB 2020/1
ATO concerns with SMSF property development
The ATO has issued SMSFRB 2020/1 (“SMSFR”) to highlight its main concerns in relation to SMSF property development.
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