The 2007 changes to Super Legislation now allow Self-Managed Superannuation Funds (SMSFs) to borrow for direct investments into real estate. This means an increased opportunity for wealth and leverage; it means a more secure and earlier retirement for you. It’s important to actively engage with your super fund, to know how it performs, and how particular investments can give you long-term rewards. A
SMSF buying property
fund can be established through a simple process when established through experts and it enables you to take full control of your financial destiny. Where regular super investments typically occur within the share market, investing in property gives you the opportunity to leverage your super and gain an asset separate from your other SMSF assets. Your Self-Managed Super Fund receives generous ongoing tax concessions and, best of all, a property purchased through your super fund only pays 15% tax rather than the normal amount of up to 46.5% for properties purchased outside of super. That’s a substantial saving for an investment that keeps on giving. And your SMSF pays no Capital Gains Tax if you sell the property in the pension phase.You can use your SMSF to pay the deposit, up-front costs, and ongoing expenses of your property and hold the property in your retirement assets with absolutely no out-of-pocket expenses. With your SMSF buying property is a far better way to guarantee your financial future. Using your SMSF buying property is an excellent alternative to investing in the share market, and it is an alternative that can guarantee an earlier, more comfortable retirement for you. You can borrow to invest in a commercial or residential property with (among other specific guidelines) the stipulation that your loan cannot fund any development or construction of the property. Gearing a real estate investment is the smart choice: yields will be higher with lower risks, meaning you are promised a far better retirement that you had imagined before using your SMSF to buy property.
We understand the investment you’re making when you buy property with your Self-Managed Super Fund. That’s why we provide ongoing advice for your individual circumstances so you make the right choices and invest wisely for your retirement. We can show you that with your SMSF buying property is the wisest choice for your financial stability and for your future.