Do you have a self managed super fund (SMSF)? Like many people with a SMSF, you may be thinking about using your super to buy a property.
With all the recent changes to investment lending, and the hype and speculation surrounding property buying rules and taxation implications, you may be wondering whether you should purchase an investment property through your self-managed superannuation fund.
I’ve heard of some nightmare experiences regarding Self Managed Super Fund Loans, where there have been delayed settlements and incorrect paperwork issued.
Naturally, you should always seek advice from your accountant and financial planner when considering making any purchase with your self managed super fund. However, there are some very interesting perks that come along with this type of lending.
Many of you would be intrigued by the possibility of owning your own investment property through your self-managed super fund. After all, you’ve probably heard a lot about it through the media, perhaps through your accountant, or through friends.
