SELF MANAGED SUPER FUNDS
Did you know you can now purchase an investment property, residential or commercial, using your Self Managed Super Fund (SMSF)?
The government has changed the legislation that now allows SMSF’s to borrow money to purchase property. So don’t miss out on the opportunity to take control of your super and invest in something you understand.
5 reasons to consider using your super to purchase a property
Asset Protection:
Assets of the fund are protected from creditors in the event of personal bankruptcy and/or business failure.
Leveraged Portfolio:
Use your super as deposit to buy an investment property & borrow the rest from a bank.
Instantly enlarge your super portfolio and potentially accelerate returns for retirement.
Servicing Debt:
Rent & employer contributions can cover the total cost of the loan, potentially costing you nothing out of your pocket depending on the circumstances.
Lower Taxation:
Earnings are taxed at a maximum rate of 15% vs. maximum personal tax rate of 46.5%.
Investment assets sold after a period of at least 12 months ownership are subject to a maximum capital gain tax rate of only 10% vs. maximum personal tax rate of 23.25%.
Retirement:
Retirement earnings of the fund may be entirely tax free.
No capital gains tax on the disposal of assets.
Paying tax-free pensions.
How can KPR Partners assist you?
- Establishing a SMSF, trustee company/or upgrading your existing SMSF.
- Meetings with you to explain the requirements of the fund.
- Assisting with establishment of a bank account.
- Rolling over any existing super held in accounts into the fund.
- Liaising and providing information to:
Lending institutions
Financial Planner
Solicitor
KPR will charge a fixed fee and ensure the process runs “smoothly”.
Don’t know where to start? How can our “Business Referral Network” help?
We have formed key relationships with other professional firms that we closely work with in order to provide our clients with the complete solution.
Finding a property
A real estate group who can find a property which meets your needs. They provide a detailed & personalised analysis. It includes capital & cash-flow commitments, taxation benefits, finance structuring and portfolio modeling to ensure you have a fully informed and research-based approach to property investment.
Finance
A specialist financier who provides both residential and commercial financing options for businesses and individuals which has extensive experience in this area of lending.
Financial Planner
A licensed financial planner who can prepare the information required by the lender and with whom you may also discuss retirement planning matters.
Legal
A legal adviser who can assist with the conveyancing process and bank documentation.
KPR has brought together the right team of professional advisers “to make it happen!”.
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