A curiosity in the borrowing rules for self-managed superannuation funds is that while the fund can borrow to acquire a property, it can’t borrow to carry out renovations. If the fund’s cash is insufficient, how else can renovations be financed?

One option is for these to be financed by the member/tenant, given that many small businesses have made good use of the relevant super tax concessions via their SMSF buying their business premises.