Can your smsf finance the property you live in?
What can your new SMSF invest in?
Your smsf can not invest in or purchase a residential property owned by a fund member. There is a further restriction in that you can not buy residential property from and “associated” party. Associated parties would be family members, associated companies and associated trusts.
If there is confusion as to an issue of association then it is prudent to seek advice from your financial planner and accountant.