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smsf property

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can you transfer the property to the members of the smsf in order to wind up the fund there are two members

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ATO Certified

Devotee

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Hi @hagar

 

It depends on a number of things, including:

  • whether the members meet a condition of release
  • whether this is what the members want
  • what the SMSF trust deed allows.

 

These pages on the ATO website might help you get started:

 

Because winding up an SMSF can be complicated I'd recommend you seek advice from an SMSF professional or request specific advice from the ATO.

 

JF

 

This is my personal view; I’m an ATO employee who chooses to help out here in my own time.

 

 

1 REPLY 1

Best answer

ATO Certified

Devotee

Replies 0

Hi @hagar

 

It depends on a number of things, including:

  • whether the members meet a condition of release
  • whether this is what the members want
  • what the SMSF trust deed allows.

 

These pages on the ATO website might help you get started:

 

Because winding up an SMSF can be complicated I'd recommend you seek advice from an SMSF professional or request specific advice from the ATO.

 

JF

 

This is my personal view; I’m an ATO employee who chooses to help out here in my own time.

 

 

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