Bare Trust
Accounting, Taxation, CFO, Business Advisory & Consulting Service
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“We are fully insured & our liability is limited by professional indemnity insurance.”
ABN 96 616 549 592
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The Bare Trust is set up when an SMSF (Self-Managed Super Fund) borrows to buy property under a Limited Recourse Borrowing Arrangement (LRBA). A separate trustee company (the ‘bare trustee’ or ‘custodian’) legally holds the property on trust for the SMSF. The SMSF is the beneficial owner of the property, even though the legal title is in the name of the bare trustee.