Search results

Scott provided the smsf trustee has obtained an independent valuation and the property is sold at commercial market rates then an smsf can sell reesidential property to a member. An smsf cant purchase residential property from a member.

Selling via an instalment contract would generally mean you are going to want a charge against the asset which would be a breach of the sis act. Sis regulation 13.14 prevents smsfs from giving a charge over assets. if you didnt have a charge against the asset you would breach the sole purpose...