What are the key rules I need to follow when investing in property through an SMSF?
When investing in property through a Self-Managed Super Fund (SMSF), you must adhere to several crucial rules:
• The property’s primary purpose should be to provide retirement benefits to fund members (Sole Purpose Test).
• You cannot acquire property from a related party of a fund member.
• The property cannot be lived in by a fund member or their related parties.
• Renting the property to a fund member or their related parties is also not allowed.
