DIY funds unable to buy units, but may buy shares

Self managed super funds can buy shares from their members, as long as the fund buys the shares at the market price. Funds can also buy property from a fund member, as long as a family member runs a business from it, and there is no debt over the property. However, a fund may not be able to buy units in a unit trust from a fund member. The Australian Taxation Office lists assets that funds may buy from fund mebers.

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