Can a SMSF Buy a Classic Car? Discover What’s Really Possible
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In this insightful TFS WealthCast episode, host Pramu Rodrigo sits down with financial planner Sonali Rodrigo to demystify Self‑Managed Super Funds (SMSFs). Together they explore what an SMSF is and who can set one up, highlighting key requirements such as membership limits (up to six people), residency rules and the two‑year temporary absence test. Sonali explains why SMSFs are not for everyone and stresses that trustees are responsible for strict compliance with ATO regulations.
Listeners will learn about the investment universe available to SMSFs, from conventional assets…
The skinny
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