SMSF- What are the Rules?

Did you know?

You can only buy property through your SMSF if you comply with the rules.

The property:

  • Must meet the 'sole purpose test' of solely providing retirement benefits to fund members

  • Must not be acquired from a related party of a member

  • Must not be lived in by a fund member or any fund members' related parties

  • Must not be rented by a fund member or any fund members' related parties.

 

However, your SMSF could potentially purchase your business premises, allowing you to pay rent directly to your SMSF at the market rate.

  • Google Places Social Icon
  • Facebook Social Icon
  • LinkedIn Social Icon
  • YouTube Social  Icon

Level 1, 50 York St, Sydney NSW 2000, Australia

'AAA’ Mortgages - Opening Doors Since 1988.

Australian Credit Licence Representative 499684

ABN: 75 633 787 998

MFAA Full Member

Australian Financial Services Licence: 238 256