I am thinking of moving some of my super funds from my RSE to a SMSF, and then use the SMSF to buy a property in an area which I expect will be high returns in the future for investment purposes. I intend to rent out the property for the entire period I hold it.
Is this okay to do? What are the limitations and regulatory requirements?
I know a few SMSF advertise this as a 'can do' but...I'm dubious as the info on the gov website doesn't even mention this as a legal option for early access to your fund.
I am in my mid 40s, working full time, not in any financial hardship.
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