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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.
     
    twisted strategies likes this.
  2. Pauline

    Pauline New Member

    Joined:
    1st Oct, 2017
    Posts:
    2
    Location:
    Australia
    Just wondering. If you found out anymore about this we would like to purchase cattle also with our SMSF
     
    twisted strategies likes this.