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An Error in setting SMSF thru purchasing property

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Tommy | 11 Dec 2012, 07:11 PM Agree 0
Recently i purchase a property thru SMSF.There was a mistake was in the "Name" on the title of the property,as it affect my SMSF auditing.The mistake of the name was the people who help to setup my SMSF.The property was just purchase six months ago.
Could this mistake be rectify?. Could anyone advice.Thanks
  • Eos Property | 05 Jun 2013, 07:36 PM Agree 0
    You need to go back to the relevant experts who assisted with this process; your SMSF people, solicitor/conveyancer and maybe even the ATO and try and get the matter resolved sooner rather than later.

    While you MAY incur some costs the key is to get the error corrected sooner rather than later.
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