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CurioQuest(Initiate)Initiate
11 Jan 2024

If a 52-year-old client sells his Investment Property owned by his SMSF in the accumulation phase and incurs a capital loss, what would be the tax treatment for it?


1. Can he offset this loss against other gains within the SMSF assets made in the same year?


2. Can he carry forward this capital loss to the next year?

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178 views
2 replies

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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
12 Jan 2024

  1. Yes
  2. Yes - to the extent that the loss could not be applied to current year capital gains.

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Tax treatment for Capital loss from sale of Investment property through SMSF | ATO Community