MK70,The reality of SMSF is that one looks after ones own...

MK70,

The reality of SMSF is that one looks after ones own interests. THAT is the only reason for having a SMSF.

My gains were used as a Tax effective measure ( Company input ) up until 2002 when I sold ALL of my business interests. These of course were rolled over into our SMSF.

I have lived and travelled since, on the Profits, and I continue to do so.

My suggestion is that anyone contemplating a SMSF - GET a GOOD Accountant and do your OWN Investing, be it Share Market or Property.

LEARN WELL...and Keep Learning/adapting.