Maintenance versus improvement can determine where funding comes from: specialist
Jason Hurst, technical superannuation adviser for Accurium, said as much as people love property, “they also love working on it, fixing things and improving it”. “And what can we do to a property that's subject to an LRBA can really be broken down into three key areas – repairs, maintenance and improvements. if you are changing the asset completely, where it becomes a different asset,”...
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