Brisbane's Accounting & SMSF Specialists

Tag: SMSF investment properties

Buying a Property with My SMSF

Buying a Property with My SMSF

Investment, SMSF
Setting up a self-managed super fund is a popular choice if you are planning to invest in property. It is actually the only way that you can buy property using your superannuation mone,y and you don’t have to use a single dollar from your own pocket for the entire set up and purchase. Your superannuation is your money - you just can’t access it until you retire so the entire choice of investments is yours. You must adhere to a strict set of laws if you want to go down this path. There are two structures that are required to be set up before you sign a contract to purchase your property. The first is the actual self-managed super fund structure. In all cases, the fund should be set up with a company acting as trustee. This is because any lender, whether it be a bank or non-bank lender, w