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SandyPike

  • SandyPike replied to the topic Residential Property in Self-Managed Superannuation Fund in the forum General Property 17 years, 3 months ago

    It depends on where you are on the age ladder of life – and we are just a few years off the 60 mark!   We already have a reasonable number of investment properties outside a fund (never enough of course!), however it seems sensible  (but maybe not) to take advantage of buying  at least one inside a fund, so that we have  both our own house and o…[Read more]

  • SandyPike replied to the topic Residential Property in Self-Managed Superannuation Fund in the forum General Property 17 years, 3 months ago

    Thanks everyone for your responses.  I have now been given the name of a good accountant who is very experienced in this area – so hopefully can get some unbiased information.CheersSandy

  • SandyPike replied to the topic Residential Property in Self-Managed Superannuation Fund in the forum General Property 17 years, 3 months ago

    Sorry further to my last post – I know you can't transfer property already owned into the fund – but you can buy a new reesidential property into the fund.  It is then capital gains free and the rental is tax free.   We are at an age where we can shortly start using that income.Sandy

  • SandyPike replied to the topic Residential Property in Self-Managed Superannuation Fund in the forum General Property 17 years, 3 months ago

    No the law just just changed – and you definitely can put residential property into Super.  It has to be unemcumbered (although one property advisor here has a way round that as well…. but I don't wish to do that. – I wish to buy unencumbered)  I just need someone to set it up!thanksSandy

SandyPike

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