Buying A Property With SMSF
SMSF Property Investment
Buying a property with SMSF has been popular in recent years, especially given that SMSFs may now borrow money to fund a direct property purchase. Property acquisitions for SMSFs are inherently complex and time-consuming.
They are, nevertheless, totally achievable with the appropriate plan and competent support.
An innovative way of investing in property could help you build wealth passively for early retirement! Buyers Tenant Agency are professional Buyer’s Agents in Perth who specialize in SMSF investment strategy!
Find out the SMSF Property Investment Requirements.
SMSF Property Investing Insights
Investing in property through self-managed superannuation funds (SMSFs) has become an increasingly popular way for Australians to accumulate wealth. The number of SMSFs has increased along with individual members and overall fund balances in recent years. There are a few significant SMSF property investment regulations that you should be aware of:
- The property has to be solely providing retirement benefits to fund members in order to meet the ‘sole purpose test’
- The property cannot be acquired from a related party of a fund member
- The property cannot be rented by a fund member or any fund members’ family
- The property cannot be lived in by a fund member or any fund members’ family
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