Q: Can an overseas house be part of a SMSF? It is not rented out, but it is still an investment property to be sold later to help us with superannuation income later.
A: What we need to look at are the issues and the rules that surround property ownership in general within an SMSF. We need to look at some of the issues to consider with owning foreign or overseas property within an SMSF.
And to me the other issue is around the whys. Why is it that we’re looking to own property as an investment? Why are we looking at overseas property as an investment? And does that fit in with the fund’s overall investment strategy?
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