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Personal Loan from SMSF

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Will09 View Drop Down

Joined: 23/September/2012
Location: Australia
Posts: 5
  Quote Will09 Quote  Post ReplyReply Direct Link To This Post Topic: Personal Loan from SMSF
    Posted: 19/August/2017 at 18:10
Good afternoon,

My enquiry today is it possible to do a personal loan from your smsf for $80,000 over a 5 year term at the current interest rates.

Use for the money is a deposit, to purchase an owner occupier home.

In my logic if the loan is an investment for the SMSF. (I do see a lot that you can't benefit from SMSF).

Kind regards

citizen-joe View Drop Down
Senior Member
Senior Member

Joined: 09/October/2005
Location: Australia
Posts: 755
  Quote citizen-joe Quote  Post ReplyReply Direct Link To This Post Posted: 19/August/2017 at 19:45
I expect that one will fail the 'arms length' rule.

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