LRBA (Loan) from a member to SMSF

Key Words: LRBA, SMSF loan from member, SMSF, related party

Question

How can I create a Limited Recourse Borrowing Arrangement (LRBA) from a member to a SMSF?

 

 

Answer 

Use the "LRBA Suite" service under the "Loans" section of the platform.

2021-02-25_14h15_45.png

 

Under the "Lender" tab, you would select "Private" for a related party loan.

mceclip0.png

 

If the loan is to be made from a member, then you would select 'Individual' as the type of Lender. 

mceclip1.png

 

You should keep in mind the relevant legislative requirements regarding related party LRBA arrangements and seek advice if necessary. 

 

Further Information

Limited Recourse Borrowing Arrangement (LRBA) and Holding / Bare Trusts

 

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request