News : Property

Clean energy fixtures a BRP issue

January 12, 2024

Solar panels Business real property Clean energy Green energy SMSF

It remains unclear as to whether clean energy equipment fits the definition of business real property for SMSF purposes.

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Economy, Property, Residential Property

December residential property listings fall

Residential property listings SQM Research

January 12, 2024

Darin Tyson-Chan

The final month of 2023 saw a large drop in residential property listings across the country with several capital cities witnessing a reduction.

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LRBA, Property

Investment properties come with issues

September 22, 2023

Darin Tyson-Chan

Choosing to hold an investment property in an SMSF can have significant adverse consequences that trustees should consider before doing so.

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Documentation, Property

Proper asset ownership worrisome

August 25, 2023

Darin Tyson-Chan

The correct record of ownership for assets acquired by an SMSF is a noticeable compliance issue trustees are having difficulty with.

Commercial property still valuable post COVID

August 11, 2023

Darin Tyson-Chan

Commercial property holdings are still of value despite fears the COVID-19-driven practice of working from home may have devalued the sector.

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ATO, NALI/NALE, Property, SMSF

Property developments a NALI risk

June 30, 2023

Todd Wills

The ATO has cautioned SMSF trustees and advisers about potential NALI breaches in property development projects and, in an unrelated announcement, disqualified over 200 SMSF trustees.

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ATO, Downsizer, Property

Valuations definitive for downsizer contributions

June 30, 2023

Darin Tyson-Chan

The valuation rules applied to downsizer contributions are very strict and not consistent with other tax provisions regarding property transactions.

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