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living in smsf residential property

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SMSF investor | 22 Feb 2017, 08:52 AM Agree 0
Hi all
can anyone please clarify are you able to live in a smsf purchased house either before retirement or after retirement?
  • Clint | 22 Feb 2017, 11:49 AM Agree 0
    I believe that you can, however there are strict conditions. For example, you are not able to improve the property, only repair things that fail.
  • Tim | 23 Feb 2017, 01:40 AM Agree 0
    Sounds interesting where would I get more information on this subject
  • macka | 28 Feb 2017, 07:48 PM Agree 0
    No you cant live there. Check the ATO website for more details.
  • Richard | 15 Jun 2017, 03:06 PM Agree 0
    No you certainly cannot live in a property owned by your SMSF.
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