Let your compulsory super contributions pay for your next property
Those people that are happy to have 9% (soon to be 12%) of their salary invested in places they don't know by people they have never met should stop now. Those people that would like to monitor where their compulsory super contributions go should read on and listen to the below short video.
What you will learn by watching the video on "owning property in Superannuation":
- own an investment property with zero effect on your cashflow.
- pay no capital gains tax when you sell it.
- pay only 15% tax on the rental income.
- no land tax.
- pay down debt with pre income tax dollars.
- asset protection (lender's recourse is limited to the property purchase only).
- diversification within super.
- leveraging your super.
- have the choice of controlling your financial destiny or appointing a manager.
The following video we have made available on-line, so you can watch and absorb in you own time. Paul Oliver will go into more detail about how you can benefit from the changes in your superannuation abilities in recent years.