SMSF(E Super) Borrowing & private lending

Discussion in 'Superannuation, SMSF & Personal Insurance' started by CryptoClown, 26th Sep, 2020.

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  1. CryptoClown

    CryptoClown Well-Known Member

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    12th May, 2020
    Posts:
    69
    Location:
    NSW
    Yeah I would feel bad for the broker if it was such a small loan. By related loan party do you mean if I or a family member leant money to the SMSF? That was something I was tossing up but I would have preferred to keep it with a bank. I'll go back to the drawing board.
     
    CryptoClown, 13th Oct, 2020
    #21
  2. CryptoClown

    CryptoClown Well-Known Member

    Joined:
    12th May, 2020
    Posts:
    69
    Location:
    NSW
    No sorry I meant in terms of getting finance for a property(if the property loan was less than 100k).

    I wouldn't use SMSF money to invest in Crypto. I'm not that crazy...yet.
     
    CryptoClown, 13th Oct, 2020
    #22
    Paul@PAS likes this.
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