Hi,
I am totally new to SMSF and have a question about whether there is any way I can reside in a unit that is part of a commercial property of professional offices that is bought in an SMSF.
I was hoping there was a way. Perhaps a valuer could do a separate valuation for each? Or would it need to be strata titled which I’m not too keen on doing.
Thanks for any input.
michele
not if you are a beneficiary of that SMSF
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Thanks Terry.
Could an option be for the SMSF to develop it to an approved dwelling unit, strata title and then sell back to me as a trustee?
A member of a superfund could potentially buy off the trustee – but seek legal advice as many issues.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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