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Notes Online Home 2014 Super Schools Day 1 What's new for SMSFs
Developments affecting limited recourse borrowing arrangements for SMSFs
In this section of the notes we discuss the developments that are affecting limited recourse borrowing arrangements for SMSFs. In particular, the following:
- A broad overview of the LRBA requirements
- Using multiple lenders to fund the acquisition of a single acquirable asset
- Whether the trustee of an SMSF can jointly acquire an asset with others under a LRBA
- Whether an SMSF can fund a deposit using its own cash resources (savings)
- Whether the trustee of a holding trust can continue to hold the asset when the LRBA ends
- Zeroing in on some red-hot LRBA issues