I have an Audit for the year 2021. The trustees are four individuals.They purchased a property in VIC. No loan.
The title shows the name of four individuals ( Not showing'as trustee for..')
How can I make suer that the property held as trustee of SMSF?
I would obtain an acknowlegement of Trust from a law web site to ensure that the legal ownership is clear. This will also protect the asset from any of the members having creditor problems.