Once a self-managed superannuation fund moves into "pension mode", it is a good time to sell any property owned by the fund. This is because the fund can secure any profits made from the sale without having to pay capital gains tax. However, there are some properties that funds tend to be reluctant to sell, namely family farms and premises used to run a family business. Parents often do not wish to their children to have to worry about a new landlord. The two best solutions to this problem are to take the property from the fund prior to the deaths of the parents, or leave the property in the fund and make the relevant child a member.
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