Creating Wealth Through Your Self Managed Superannuation Fund!

 

Due to legislative changes made in September 2007, investors are purchasing residential properties within super and use borrowings to help fund the purchase.

 

What are the Benefits?

 

*     Minimal or No Capital Gains Tax on Sale of Property.

*     Maximum 15% Tax on Rental Income.

*     All Rental Income assists in paying off the mortgage loan.

*     Expenses such as Bank Interest, Council Rates, Insurance and Maintenance may be claimed as Tax Deductions which                potentially reduces Tax Liability.

*     The Super Fund pays the deposit and all Associated Costs.

*     Greater Investment choices and You controlling your future. (Not the Sharemarket)

*     Generating Wealth for your Retirement through Tax Effective Super Contributions.

*     Borrowing inside a SMSF does not affect the members outside borrowing capacity.

*     Other than the property acquired, all other super fund assets are safe and cannot be touched by any lender due to the "Limited        Recourse" provisions in Section 67 (4A) of the SIS (Superannuation Industry-Supervision) Act.

*     Property Capital Growth.