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SMSF Audit Alert 2013/2 – Transferring Residential Property into SMSF

It is a common complaint of SMSF advisors and trustees that a residential property owned by a member or related party cannot be bought or transferred into their SMSF. It has always been understood however that Section 66 of the SIS Act allows listed shares and commercial properties to be transferred at market value. Interestingly, there […]

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