HOMES AND MORTGAGES
Can a SMSF own my home, rent it back to me, and I can claim it as a deduction?
Someone told me that it might be possible to set up an SMSF that owns your PPOR, effectively renting your home from your SMSF. Also that then expenses like strata fees could somehow be deductible for the SMSF? Is this true? Or did I completely misinterpret what they said? If it’s true, where should I look to learn more about this?
Alex Kim.
5 December 2024
2 Comments
5 days ago
I would definitely get specific tax advice on this as I’m not sure either.
It might technically be possible, but it sounds pretty questionable over whether the ATO would be happy with this, so I’d be skeptical until I got it confirmed by more than one tax expert.
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