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Solutions to House Price and Rental Crisis??(Ideas), page-124

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Hittman

3,746 Posts.

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20/04/23

10:34

Post #: 67371244
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Originally posted by mudguts ↑

Cant borrow to fund a construction of home in SMSF.......that is why they buy established.

you cannot build on vacant land with an SMSF. With an LRBA, you are only allowed to purchase a 'single acquirable asset' or one title. Building a house on vacant land is considered multiple titles by the ATO (one for the land and one for the build), which is strictly prohibited

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Not all property investors use an SMSF
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