Jun 12, 2026 – 5.00amQ: My wife and I have equal interests in two self-managed super funds: a $6.5 million pension fund and a $2.4 million accumulation fund. The pension fund, which we commenced before July 1, 2017, holds two commercial properties – a $5 million property and a $1 million property that, under the proposed Division 296 cost-base reset option, are expected to be valued on June 30 at $6 million and $1 million respectively – plus $500,000 in cash. The current rent mostly covers the required pension. The accumulation fund holds two properties worth about $920,000 and $1.5 million.To reduce our minimum pension drawdowns and save some land tax, we are considering transferring the $1 million pension fund property by way of an in-specie transfer to the accumulation fund, selling the $920,000 property, and rolling the proceeds into the pension fund to improve its liquidity. Is this a sensible option? Will the property transfer affect the tax-free pension status of the pension-phase SMSF? Will we have to pay stamp duty on the property transfer in NSW? Are there any alternative strategies we might consider? Also, we each have about $420,000 available in our transfer balance cap. Can that help? – RobertSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles