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Chris_Sydney(Enthusiast)Enthusiast
3 July 2023

I am getting valuation of properties (which are in SMSF) from a registered valuer and paying valuation fee for each of property. Its for the purpose of Balance Sheet of SMSF.


But now I have been told that I can get the Market Appraisal from my Real Estate Agent.


Please advice

  1. Can I use valuation from a Real Estate Agent?
  2. Am I required to do valuation every year. My SMSF is in Penstion phase. My Total Balance is more than 2.4 m

1,246 views
3 replies
1,246 views
3 replies

Most helpful response

Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
3 July 2023

  1. Yes - as long as it is done by reference to recent sales of comparable properties
  2. Yes


All replies

Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
3 July 2023

  1. Yes - as long as it is done by reference to recent sales of comparable properties
  2. Yes


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Can I use valuation from a Real Estate Agent as the valuation of property for the SMSF? | ATO Community