Super Fund Loans
Take control and invest your super in property.
Most Australians say they would prefer to invest their hard earned savings in property rather than other more volatile assets like shares. That’s not surprising when property investment continues to generate steady capital growth and passive income, without the volatility of share trading. Despite that fact most Australian’s have the majority of their life savings, in the form of superannuation, invested in shares and other complex assets that only investment bankers can understand. Of even more concern these investments are managed by someone they don’t know and will get paid regardless of how well those investments perform. This seems like madness but the reality is that very few people even know there is a viable alternative. A Self Managed Super Fund (SMSF) allows you to take control of your superannuation and invest in property or other asset classes that you prefer, understand and control.
Today SMSF’s are the fastest growing segment of the superannuation industry. There are over 400,000 SMSF’s managed by everyday Australians just like you. DIY super is no longer the exclusive province of the wealthy. The costs of setting up and managing your own fund have been driven down by the popularity of this perfectly normal approach to taking responsibility for your financial future.
Menzie’s Super Fund Loans specializes in assisting you to establish your own super fund and then accelerate your wealth creation by leveraging into property. It is likely you will be able to do this with zero affect on your cash flow. This is because your 9% super contribution may be sufficient to cover any difference between the mortgage payments and the net rental income of the property. Furthermore you might not even need to raise a deposit. You may already have it in your existing super funds.
The main advantages of purchasing property within your SMSF are:
- Choice of commercial or residential property
- You have control over your investment
- Own property with zero affect on your cash flow
- Own additional property without paying land tax
- Reduce tax on rental income to only 15%
- Only pay 10% capital gains tax if held for 12 months
- NO capital gains tax if the property is sold after retirement.
To set up your own SMSF and invest in property please complete the Enquire Now form and a representative will contact you to discuss your needs. If you would like more information before you make a decision then download our E-book entitled Self Managed Super Funds