SMSF Property question, page-7

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    You may want to check section 66 of the SIS Act. It prohibits certain acquisitions from related parties of a regulated super fund. Whilst it does have exceptions (such as business real property), residential property is not one of them.

    Additionally, subsection 66(3) prohibits schemes to get around the acquisition rules.

    You should really seek professional advice on this as you will get comments like the above telling you to do something that is incorrect.

    I also note that a bare trust is typically only required where an SMSF has borrowed money to buy the property, but not if it buys the property outright - but once again a professional can advise you on all this in relation to your specific circumstances.
 
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