
Question 1. I have an investment property I am about to sell. I have owned it since the early 1990s. I will be paying capital gains tax. I am 70. I have a ‘comfortable’ amount in super with an industry fund and I own the house my wife and I live in. My wife has a small annuity, but we live entirely on my superannuation. We do not have any government pensions.
Can I use some of the profit from the sale of my rental house to add to my superannuation? If so, does that have any tax implications?