SMSF Superannuation & SMSF Auditor

SMSF Fees, SMSF Cost, Setup SMSF, SMSF Lending & Audits

SMSF Property: Strengthen the Investment Portfolio

The number of people buying SMSF property has skyrocketed in the last couple of years. There are strong reasons to why people like to borrow money from super funds and invest it on property. We can go back to the year of 2007 when significant changes were made to Super Legislation empowering members to borrow from the funds and make direct investments. You can borrow 65-70% of the land’s actual cost from Self Managed Super Funds (SMSF).

The low rate interest on Super Funds makes it an attractive option to make investment and earn bigger profit in the future. You should give the responsibility of your fund in the hands of a qualified SMSF administration. They have got required experience and expertise to help you make the right investment. Not many of us would have known that the investment made on property by borrowing money from your fund is free from bankruptcy. This is one of the many benefits of working with an expert administrator who knows his job inside out.

You need to draw a line between investment and buying the property for personal use. You can purchase any type of land from commercial to residential however you cannot use the same property to move into. You should sit down with SMSF administration team and discuss the project before making any decisions. There are some projects which do not allow the members to make an investment on property.

SMSF property is a sound proposal knowing that one does not need to pay higher interest rates and enjoy extra benefits. All you need is a well-planned strategy to secure a bright future for every single member.