Tag Archives: SIS Act

Notice to all SMSF Lenders: The importance of complying with the SIS Act

Posted on November 19, 2024 Posted inSMSFTags:LRBA, Penalties, SIS Act, SIS Act compliance, SMSF Lender

SMSF lenders must make sure every loan complies with the SIS Act. Since 10 August 2026, new LRBAs can only fund business real property. Here’s what lenders need to check.

How can an SMSF borrow money to purchase real property?

Posted on November 19, 2024 Posted inSMSFTags:Limited recourse borrowing arrangement, LRBA, SIS Act, SMSF, SMSF borrowing

Can an SMSF borrow to buy property? Only through a limited recourse borrowing arrangement, and since 10 August 2026 new LRBAs can only buy business real property. Here’s how the rules work.