TCC4 - Can I Transfer Residential Property to my SMSF?

Often superannuation can be a great structure for people to hold their property in and is generally the reason why a Self Managed Superannuation Fund, or SMSF as they are known, is usually chosen. Retail and Industry Funds, you know those ‘compare the pair’ funds that you see on TV, don’t allow members to hold property.  Superannuation is usually a lower tax environment and can offer protection against bankruptcy so it makes sense to have your SMSF hold property. Now, sometimes, you may feel that a property that you own in your own name would be better off in your SMSF, particularly as your property has no mortgage or debt and your SMSF is cashed up! This episode explores whether you can move the property into your SMSF in this case.