Self Managed Super Fund Loans
The appeal of SMSFs is easy to understand. You have complete control over your investments, it can have significant tax advantages, and you can pool your super with members of your family. But one of the biggest drawcards is that you can use your SMSF to invest in property using an SMSF loan. This means that both the rental income and capital growth of the property will form part of your retirement savings.
Things to consider.
Before you decide to invest in property through your SMSF, it’s important to take the time to understand the rules about what you can and can’t do. Here are some of the main ones:
01.
You can invest in either residential or commercial property, but the property purchase has to be in the best interests of all the members in your SMSF.
03.
The property has to be an investment – neither you nor any of the other SMSF members can live in the property or rent it out to your family members.
05.
If you use an SMSF loan to buy the property, you can’t make alterations that change the character of the property until you pay off the loan.
02.
Like any type of investment, you should make sure that adding a property to your SMSF investment portfolio won’t adversely affect your liquidity, diversification or risk profile.
04.
You need to prove to the ATO that the purchase price and rental income reflect the true market value.
06.
If your SMSF loan isn’t set up correctly, you may incur substantial fines or be forced to sell the property. This can result in substantial losses for your SMSF.
In Practice.
Speedy turnaround times.
The property market waits for no-one. That’s why we offer speedy turnaround times, so you won’t miss out on the perfect opportunity.
Huge range of flexible loan options.
Our broad range of flexible loan opportunities comes from access to over 50 lenders. It means we can find the right solution for whatever type of loan you need.
Support when you need it most.
When it comes to property, we’ve seen and done it all. That’s what makes us so well-equipped to guide you through the process and do whatever it takes to make your experience a positive one.
Empowering you to make confident decisions.
Whether you’re buying, building, or refinancing, we’ll guide you through the process and find you the best-fit loan so you can move forward with confidence.