Q: I’m 55 with $400,000 in super which, I believe, is a bit light for what I am earning, although I also have a property portfolio. Part of these investments are three mortgaged residential properties managed by my daughter in an Airbnb business. Would it make sense to transfer one or more of the Airbnb properties into an SMSF so that I don’t pay tax on the earnings in retirement? Would I pay stamp duty on such a transfer? Can an SMSF own property with a mortgage and what sort of difficulties might this create if it was unable to meet minimum income payments when the fund started to pay pensions? Chris

A: To summarise the main point of your questions, you are asking whether it would make sense to transfer one or more of the Airbnb properties you own into an SMSF so that you don’t pay tax on the investment earnings in retirement.