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Most helpful response

Most helpful reply

TobyJDodd(Devotee)Registered Tax Professional
1 Mar 2024

Hi @Burrows83


It is possible however there are a lot of rules around a SMSF that you need to navigate and I recommend professional advice


I note that you or a related party will not be able to live in a residential property once completed. (Whilst it remains in the fund)


Toby


All replies

Most helpful reply

TobyJDodd(Devotee)Registered Tax Professional
1 Mar 2024

Hi @Burrows83


It is possible however there are a lot of rules around a SMSF that you need to navigate and I recommend professional advice


I note that you or a related party will not be able to live in a residential property once completed. (Whilst it remains in the fund)


Toby


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Can I purchase land and or build a house using my SMSF | ATO Community