When considering the most effective succession planning opportunities for clients, practitioners are more and more often turning to a SMSF. One of the most significant assets a business has to consider in planning is property. This presentation uses case studies to examine the opportunities and pitfalls of transferring property into or acquiring property through a SMSF.
Case studies consider:
- SIS restrictions
- in specie contribution of real property
- CGT, income tax and stamp duty issues
- pitfalls of getting property into a SMSF
- pitfalls of getting benefits/property out of the fund.
This presentation was also given by Chris Ketsakidis at the Self Managed Superannuation Funds seminar held in Melbourne on 11 March 2004 and at the Superannuation & SMSFs seminar held in Melbourne on 7 July 2004.