26 Sep

Why you should consider buying an investment property through a Self-Managed Super Fund

Self-Managed Super Funds have surged in popularity in recent years since laws changed to allow borrowing through a super fund for property investments. It is easy to see why using a SMSF to purchase property can be a great way to grow your retirement portfolio and take control of your financial future. Check out four main advantages of buying an investment property through a SMSF;

1. Attractive Tax Structure
Self-Managed Super Funds benefit from the same concessional tax rates as any other super fund. Tax on investment income is capped at 15% and once you reach retirement age you pay no tax on your investment income at all. Capital Gains Tax is capped at 10% if you hold the property for more than 12 months or better still if you wait until retirement to sell your investment you don’t pay any Capital Gains Tax. This allows you to maximise the income generated from the investment whilst minimising your tax.

2. You don’t have to part with any of your hard earned cash
Providing you have enough money in your Super to fund the purchase and ongoing costs of the property you can buy an investment property without needing to use any of your personal savings.

3. Maximise your borrowing capacity
When it comes to the banks, superannuation is considered a separate entity. This means you can utilise assets that you have in superannuation as a deposit to buy an investment property and also use the income from super to increase your borrowing capacity. So even if you have reached your maximum borrowing capacity personally, you may still be able to grow your property portfolio using your super.

4. You are in Full Control
A great advantage of having a Self-Managed Superannuation Fund is the ability to control your financial future without having to rely on large corporations to decide how much money you will have in retirement. Your future is in your own hands.

As with any financial decision, it is important to get the right advice before determining if a Self-Managed Super Fund is for you. To discuss whether an SMSF is suitable for your circumstances contact the team at Rise High Financial Solutions and we will make sure we put you in touch with the right team of people to get you the guidance you need.

Marissa
Schulze

marissa-schulze

This email address is being protected from spambots. You need JavaScript enabled to view it.

JAMES
SCHULZE

james-schulze

This email address is being protected from spambots. You need JavaScript enabled to view it.

THUY
NGUYEN

thuy-nguyen

This email address is being protected from spambots. You need JavaScript enabled to view it.

Katie
Costa

katie-costa

This email address is being protected from spambots. You need JavaScript enabled to view it.

Nani
Johnston

nani-johnston

This email address is being protected from spambots. You need JavaScript enabled to view it.

KRISTIN
TUNBRIDGE

kristin-tunbridge

This email address is being protected from spambots. You need JavaScript enabled to view it.

RICHARD
O'GRADY

richard-ogrady

This email address is being protected from spambots. You need JavaScript enabled to view it.
Terms & Conditions | Privacy Policy | Template Design © Enee Solutions. All rights reserved.

Become a member

User Registration
or Cancel