This one can be tricky, but we’ll help you through. But first, don’t forget to make a sacrifice to the superannuation legislation gods who let you borrow through your fund to invest in residential and commercial property. Thanks to them, you can invest through your SMSF, which is a fantabulous, tax-effective way to diversify your super portfolio and create wealth! Plus, income from your SMSF, including capital gains, is taxed at concessional rates! Which means you’ll have more for the day when you say goodbye to the grind and hello to retirement. You gotta love that.
Who can get an SMSF loan?
You’ll need to speak to a clever, financial planner/accounting/legal type before you consider a SMSF loan because the rules and regulations are complex! But luckily for you, we’re all over it, so we can point you in the right direction because who knows? As lovely as they are, an SMSF loan might not be right for you. And even if you already have a SMSF, you still need to review your documents to make sure your fund has got what it takes.