Property in super for the long-term
Borrowing to invest in property within the tax-friendly superannuation environment first became legal in 2007. Since then, Australian SMSF balances have grown to a whopping $1.5 trillion.
One of the reasons SMSFs are so popular is that your superannuation balance can be used as a deposit when borrowing money to purchase property.
We can check that purchasing property inside super is a good fit for your specific circumstances. We can also arrange every part of the process, including establishing the fund, rolling over benefits, arranging finance, sourcing the property, implementing the insurance and estate planning requirements, and performing the annual audits and tax returns. We’ll make sure your SMSF works for you.
If the correct financial analysis is performed, and an appropriate property is acquired, there should be no need to ever subsidise the investment from your own pocket. In this way, property in super is a long-term, set-and-forget strategy.