All Topics / Creative Investing / Buy Property with your DIY Super Fund
I am now buying a property with my DIY Super Fund.
i got information about it on http://www.diysuperfund.com.auany down sides ?
[blush2]Manoj
I have purchased and wrapped several properties in my SMSF.
Other than the lack of gearing the asset is protected and you are obtaining a higher rate of return due to the lower taxation rate that SF enjoy.
Super Contributions are limited to a sliding scale dependant on your age but if both husband and wife are beneficiares and of similar age then you can make double contributions.
Just remember that your funds are locked away and not normally accessible unless are certain hardship provisions.
Cheers Richard
richard at fhog.com.au
http://www.fhog.com.auThere is no such thing as a problem.
Just a solution waiting to be foundRichard Taylor | Australia's leading private lender
Manoj,
From the info at the link you posted it appears you are the proprietor of site. Easy to see how you got your info there
The advertisers are getting sneakier all the time[blink]
You must be logged in to reply to this topic. If you don't have an account, you can register here.