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Situation: IP Property is rented out. 71% of property is owned by a SMSF. and 29 owned personally by the Trustees of the SMSF. Where should income from the IP be paid to? Can it be paid to a personal joint account of the trustees?

My girlfriend is a Trustee in an SMSF with her ex partner. They have been separated for just over 2 years. In 2006 they decided to purchase a Gold Coast Unit and to have both personal and joint ownership of the Unit with the SMSF. This is how he arranged it: He transferred her existing...