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From: Anonymous
Has anyone been successful at, or is presently attempting to have their SMSF purchase residential property from themselves, as trustees or members. It appears that the only way this can be done is if the properties can be shown to be "Business Real Property."
This is very straightforward with commercial property, but seems to have many pitfalls with residential property.
Does anyone want to share information on this topic?
Investa
Has anyone been successful at, or is presently attempting to have their SMSF purchase residential property from themselves, as trustees or members. It appears that the only way this can be done is if the properties can be shown to be "Business Real Property."
This is very straightforward with commercial property, but seems to have many pitfalls with residential property.
Does anyone want to share information on this topic?
Investa
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