I have two existing investment properties which I am looking to hold for the long term, basically to provide me with rental income in my retirement. If I set up a SMSF can I transfer these properties into the SMSF?
The properties are both 3 bedroom houses and have less than 60% LVR still owing on them. They currently have rental yields of 7% and 8% (based on the purchase prices).
Also, am I able to self manage these properties from within a SMSF?