Insight
We answer the important questions about buying a commercial property in a SMSF, along with other common questions about commercial properties.
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Here are a few things to consider for new businesses to arm yourself with as much knowledge as you can.
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A number of rules apply to limit the nature and type of investment that an SMSF is permitted to make. Business Real Property is one of the rule exceptions.
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By law, a company is a separate legal entity which should have its own bank account. Accordingly, all assets, liabilities, income and expenses of a company should be maintained and accounted for separately from the owners of that company.