SMSF buys exotic assets

Question: My SMSF clients want to buy and install solar electricity generators: www.industry.nsw.gov.au Can a SMSF purchase the system (and the associated meter) and feedback power into the grid for profit. The property owner also pays a fee. Therefore, the SMSF gets 2 sources of income. One concern I have is that the facility attaches to a 3rd party building ie home, business premises. Obviously I don’t want the SMSF to lose title if the property is sold. Gavin Lamb, Senior Financial Planning Manager, NAB Financial Planning.

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