SMSF Property Investment

In the growing pool of information out there on self-managed super funds, it can be confusing to determine exactly what the benefits of SMSF are and how they can work for you. From complicated tax rules to foreign terminology, translating the advantages of self-managed super fund (SMSF) ownership can make you feel like you’re drowning in info-overload. At SMSF Loan Experts, we’ve waded through all there is to know about owning an SMSF so you can dive straight into the good bi

There are many important decisions to be made when you own an SMSF, including who acts as the trustee of your fund. As you may expect, there are some strict rules about who can become an SMSF trustee and their responsibilities. If you’re unclear on the rules and responsibilities of trustees, we are here to explore the duties of a trustee in Australia. Such as, trustee responsibilities, trustee obligations, who can be a trustee, and the different structures you should consider

Finding a suitable home when you’re an Australian with a disability has been a perpetually uphill battle. Purchasing a home with the appropriate fit-outs — such as Assisted living technology, height appropriate benches and windows, safe wet areas, hoists, and features for people requiring high physical support, to name a few — is unaffordable due to the extra expenses necessary to build or buy a home that suits their needs. The unaffordability of appropriate disability housin

The changeover of the new financial year has likely prompted you to start preparations for your income tax return or business activity statements, but are you up to speed on what’s required for your SMSF Audit? Self-managed super fund ownership brings with it many responsibilities of which blissful ignorance can spell disaster and pain to your back pocket. We help guide you through what is required for your self-managed super fund audit and how you can make sure you are ful

Australia’s treasury has recently published the fifth Intergenerational Report . Whilst it strongly details Australia’s economic challenges, the report also shines a spotlight on the benefits of owning a property in your self-managed superannuation fund. Keep reading to find out how accessing an SMSF loan for property now can put you in good stead amongst the increasing proportion of self-funded retirees. What does the Intergenerational Report have to do with superannuation?

An exciting milestone has been reached on the journey to allowing you to have more members in your SMSF and to contribute more to super – for longer!On Thursday the 17th June, both houses of parliament passed the bill to increase the number of members allowed in an SMSF and also the measures to extend the superannuation bring-forward age to 67. This could mean significant changes for you and your SMSF. Contributing more / for longer Historically, superannuation members could

Holding direct property is one of the main drivers for investors choosing to start a self-managed super fund. With SMSF loans available to purchase property and super-charge the growth of your investment, it’s no wonder many Aussies are thinking about buying real estate with SMSF. But not all property types are compatible with limited recourse borrowing arrangements (LRBA). We take you through what real estate types are available in super and how to decide on the best one for

If you’re a business owner with an SMSF, it’s possible to become your own landlord and take advantage of tax and super benefits. Do you rent a commercial property for your business to operate out of? Imagine if all the rent you pay was going straight back into your own pocket. If your SMSF buys a commercial property to rent to your business, you’re basically becoming your own landlord and paying rent to yourself. But are you allowed to rent a property from your SMSF? When i

If you’re like the many other SMSF members who primarily hold property in their super fund, you may be breaking superannuation laws and exposing your fund to high levels of risk. But don’t panic — there are steps you can follow to ensure your SMSF remains compliant while minimising risk. my SMSF invest solely in property? It’s important to note that while a single asset strategy is not prohibited, the grounds for investing solely in property — or any other asset class — must

If you’re wondering if you can renovate your SMSF investment property, the short answer is ‘maybe’. The long answer depends on a few different factors, including what type of renovation you’re looking to do and the source of your funds. Choose your scenario below for more details on renovating your property. Your self-managed super fund purchased the property without needing a loan If the purchase of your SMSF property was made entirely without the help of a mortgage, you are

While purchasing an investment property through your self-managed super fund comes with incredible taxation advantages, it does not come with the same benefits of owning a holiday home under your own name. Owning an investment property at the beach or another seasonal tourist location can be an easy and cost-effective way to secure accommodation for your own family’s summer getaway, but not if your SMSF owns the property. The Sole Purpose Test People choose SMSFs so they ca

There’s a growing number of people taking advantage of their Self-Managed Superannuation Funds. Recently, the Australian Taxation Office released statistics on SMSFs derived from annual data for 2016, which also included the type of investments the trustees chose as well as the amount of SMSF money invested in different types of asset. In the data released by ATO (SMSF supervisory levy 2013-2017) , it revealed that almost 600,000 SMSFs are being run by over 1.1 million truste

Property affordability is high on the political agenda nowadays and by the sound of things, Mr Shorten is not going to let facts get in the way of a bit of useless class warfare for as long as he’s seen by his base as hurting the “wealthy”. Unless of course he’s trying to please some influential lobbies such as industry superannuation funds who have been bleeding business to SMSFs without finding any commercial answer for such a long time? Either way, he allowed himself some

This is the full transcript of our popular video " The Pros & Cons of Using Super for Property Investment ". I just wanted to talk to you about something that’s really interesting. We talk to a lot of people and generally what we find is that people either hate self managed super funds or they really love it - there doesn’t seem to be much of balanced view out there about self managed super fund. SMSF is a great vehicle of investment and is a great thing for people looking t

Why are SMSFs such a popular way to invest in property? Many people already understand or have experienced for themselves that property investment can be a great way to build wealth. It’s also widely recognised that having the ability to borrow money for investment is a terrific strategy for accumulating wealth. Property investment itself – inside or outside of an SMSF is generally perceived as being less volatile than investment in shares. Estate planning allows investors t

Property valuation can be likened to a science, using facts, mostly comparable sales in this case, to ascertain the value of a property offered as security for a loan to a lender. How much a specific security property is worth will define how much the said lender is willing to lend against it. Each lender in Australia has a valuers panel, which is made of all the valuation firms around the country that meet this lender's requirements. When a loan application is received (or,

You might have heard Self Managed Super Funds - or SMSFs - also referred to as‘DIY Super’. While there’s no doubt that having a Self Managed Super Fund gives you much greater control and autonomy than a managed fund, the term ‘DIY Super’ can be dangerously misleading. Self Managed Super Funds themselves are quite complex legal arrangements, and when use a SMSF to borrow money for property investment , the structures themselves and the legal requirements around them become mor

If you’re reading this article, then chances are you’re thinking about using a Self-managed Super Fund for property investment - if that’s you, it’s important to take a moment to consider ATO’s sole purpose test. To put it simply, the sole purpose test determines whether your SMSF is being managed solely for the purpose of providing Superannuation benefits to you and any other members of your SMSF at retirement. A simple rule of thumb to indicate whether you’re likely to mee

We are not going a week without getting a distressed call from someone who has purchased an apartment with their SMSF only to find out that getting finance for it is extremely difficult and I thought it might help to discuss some of the things to look out for for trustees considering this kind of investment. The most pain we witness is from SMSF who have purchased apartments off the plan, as they are locked in an unconditional contract and failing to settle would generally r