I frequently speak to clients who have accumulated a solid amount of superannuation and want to know if they can use this to purchase an investment property. Yes, set up a Self Managed Superannuation Fund SMSF.
This is something we have a lot of experience in at AllianceCorp. As a matter of fact, a large amount of our clients use their Superannuation to invest. They do this by setting up a Self Managed Superannuation Fund SMSF.
There are a few more stringent rules and restrictions when using Super to invest. Therefore, we make sure our clients work with a SMSF administration specialist.
We work with financial planners and our finance team. This enables you to invest through a Self Managed Super Fund (SMSF) with as little as 130,000 in your super fund.
The best thing about investing with a Self Managed Super Fund (SMSF) is that there’s no capital gains tax, no income tax once in retirement phase and your property portfolio is completely self-sufficient. The best part is it does not impact your day to day life. You are creating wealth in your sleep!
What are you waiting for? Leverage your position in the market by staying on top of your finances. Understand your finances and know what is going on with your money!
I’ve put together this quick video to show how you can use your SMSF to invest in property, build wealth and make your money work for you.