I live in Perth, W.A. My wife and I have purchased a property through our SMSF. We will rent the property until we both retire. At that time, as retirees, what steps do we have to take to legally live in the property ourselves. Thanks in advance for any knowledge shared.
You can sell the property from the SMSF to yourselves as a lump sum benefit in specie.
You will need to get a market valuation at the time.
You will need legal advice as to whether WA stamp duty is payable.
You can sell the property from the SMSF to yourselves as a lump sum benefit in specie.
You will need to get a market valuation at the time.
You will need legal advice as to whether WA stamp duty is payable.
Thanks for helpful reply, I have been reading up on in specie transfer. Would the property be subject to a capital gains tax (assuming a gain).
Hey @MartyWood,
Yes, capital gains tax is likely to occur when you make an in-specie transfer. You can read more about when CGT applies on our website.
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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