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SMSF purchase off and lease livestock

Discussion in 'Superannuation, SMSF & Personal Insurance' started by Meyers, 23rd Jan, 2016.

  1. Meyers

    Meyers Willy

    Joined:
    22nd Jan, 2016
    Posts:
    1
    Location:
    Gladstone, Qld
    First post, great site.

    Is the SMSF able to purchase and lease breeding stock (cattle). There are livestock leasing options available through rural banks and agents.
    The SMSF's cash would be used. Does this have to be stated in the deed if it is possible. It is a legit option for investment returns in the current climate.