Self-managed Super Funds Are Not Solely For The Self-employed Anymore

By Author: Bradley Nixon
Total Articles: 45
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Although many people are investing their retirement savings in a self managed super fund, or SMSF, it is becoming more and more popular because of some regulatory changes that took place a few years ago. This allowed more Australians the opportunity to establish their own SMSF, as they were no longer available for those that were self-employed alone. Anyone in Australia now has the opportunity to take advantage of a self-managed super fund, as well as self-managed superannuation funds. Legislation changes took place in 2007 regarding superannuations, and people are now able to borrow money to invest in a variety of opportunities, which were previously unreachable to the average Australian. Now, however, you can take your SMSF and take full control of all of your retirement money, buy investment property, and stop worrying about the volatile stock markets.
With an SMSF, you can purchase investment property, and create rental income that can convert your loan repayment. In addition, with the rental income and your employer's mandatory contribution, you can repay the loan, keep the property well maintained and put some extra ...
... money in your pocket at the same time. What's more, a self-managed super fund will continually grow, and you will reap many benefits from tax savings. When you sell an investment property, it is quite possible you will have to pay up to 46.5% capital gains tax on it. However, if you purchase the property through your self-managed super fund, if you meet certain conditions, your profit can actually be capital gains tax-free. You can find SMSF experts on the Internet; they can provide you a complete array of financial services that you need in order to set up your self-managed super fund in Australia, and to invest your retirement money in the property of your choice.
In addition, these experts will ensure that your self-managed super fund is legally and correctly set up, to ensure that your property loan and your money is invested properly. You will always receive exemplary advice on which type of property is best for you, both concerning type and the valuation. This way, you will be able to invest within your super fund budget. You will also be assisted in every manner to assure that you can take advantage of every tax benefit available by buying property through your SMSF. What's more, you can find self managed super fund services, all under the same roof. They will be able to answer every SMSF question you may have, as well as provide you professional, compliant, and thorough advice on all of your self-managed super funds. They will also be able to assist you in creating a suitable investment strategy that is specifically tailored to your needs and desires. They will also provide you with the guidance needed to legally purchase property, as well as assistance following your settlement, which can include insurance, property management and much more. Regardless of your SMSF needs, whether you are just beginning or have an established super fund and you want to invest in property, you are only a click away from finding the best in the business.

Learn more about how you can invest your SMSF funds, legally and to your advantage with the assistance of our super finance experts available on our website.