• Worried about your financial security and the future of your retirement?
• Want to make an investment more stable than shares?
• Like the sound of huge tax savings and consistent investment growth?
• Need advice about what investment is right for you and your super?
• Take control of your financial future through buying property with superannuation!
Self-Managed Superannuation Funds are fast becoming the preferred choice for people who want to control their retirement money and create a secure future for themselves. Now, buying property with superannuation is a viable option to set yourself up for retirement through stable means. Property itself has always been a go-to option for people who want to invest their money in something more secure; in this case, bricks and mortar. But buying property with superannuation is actually a more shrewd investment option than buying property outside of your super fund.
You can use your SMSF for the deposit, up-front cost, and ongoing expenses of your property and leverage against it to borrow the remaining amount from a trusted lender. At a time when the share market is considerably turbulent, investing in property with your SMSF is a welcome option; one that has a significantly higher chance of giving you the retirement you’ve only dreamt about. If, like many other wise investors, you believe your super lies in property, you will greatly benefit from buying property with superannuation. Ordinarily you pay up to 46.5% tax on properties you purchase, where you only pay 15% tax for properties purchased inside your super! That’s a considerable difference. Holding the property incurs no out-of-pocket expenses and you can use your SMSF to cover any shortfall until the property becomes revenue positive. You can also sell your property during pension phase and pay no Capital Gains Tax. Buying property with superannuation is the wiser choice for long-term sustainability and self-governed retirement. It’s also a welcome option for those who want to control their own money and build something for themselves without taking too big of a risk.
You can experience the stable, earlier retirement you’ve always wanted by buying property with superannuation. You can invest in commercial or residential property with differing rules applying to each, with typical loans available up to 70% for residential properties. Using your Self-Managed Super Fund to invest in property has the potential to give you a retirement you never thought you could have. With an experienced lender and the right investment plan, you could be experiencing higher return, early retirement, and a more prosperous financial future.
When you want help to save on tax and increase your investment return buying property with superannuation, always seek the advice of a trained financial professional. Develop a clear investment plan and heed expert advice specific to your circumstances to give you the best options for your retirement.