SMSF Loans
Investing in property through a SMSF (self-managed superannuation fund) sparks interest in many investors. However, it is not as straightforward. When it comes to making any form of investment through a SMSF, the Australian Taxation Office (ATO) has very strict guidelines that must be adhered to.
It is possible to purchase both residential and commercial properties through your SMSF, provided you can justify the investment as being designed to protect and increase your members’ benefits for retirement. As such, any property investment should have an income stream and realistic prospects for capital growth.
A potential benefit for business owners is the ability to purchase a commercial property to lease back to your own business. You must pay a commercial rate of rent, but this can be a great strategy to both build your wealth and maximise your superannuation contributions.
Our business partner Strategic Wealth can help you work through the maze of requirements associated with investing in property in your SMSF.