How to Invest in Property Through Your Self Managed Super Fund
Author | : Martin Murden |
Publisher | : |
Total Pages | : 176 |
Release | : 2011 |
ISBN-10 | : 0987084909 |
ISBN-13 | : 9780987084903 |
Rating | : 4/5 (903 Downloads) |
Download or read book How to Invest in Property Through Your Self Managed Super Fund written by Martin Murden and published by . This book was released on 2011 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Self-managed superannuation funds (SMSFs) have always had the option of purchasing property with cash. Since September 2007, when the Commonwealth Government gave SMSFs the green-light to purchase property and other assets with borrowings, there has been a surge in interest from Australians looking to transfer their super into SMSFs and use their money to invest in property. Super is an excellent vehicle for accumulating wealth and saving for retirement and Australians have had a long-standing love affair with property. By combining the two, many think they have achieved a match made in heaven. However, before considering using your SMSF to invest in property, and in particular borrowing to invest, it is best to have all the facts. In this informative book, superannuation expert, Martin Murden, looks at this investment strategy from all angles: Comparison between direct vs indirect property ownership through your SMSF.1.Buying with cash or borrowings.2.What property your SMSF can and cannot buy.3.Buying with a partnership or trust.4.How your investment property will be taxed.5.What happens when you sell the property.6.Managing your investment property in retirement