BORROWING THROUGH a Self Managed Super Fund (SMSF) to acquire commercial property has been a popular and attractive strategy over recent years – due to the tax benefits, and ability to minimise personal guarantees. [Read more…]
Purchase a Commercial Property Wisely Through Your SMSF
6 June, 2018 by Leave a Comment
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THE HIGHER RENTAL RETURNS of commercial property make it more attractive to investors, especially those who are planning for their retirement. They often buy and hold commercial properties in their SMSF for a better tax environment. [Read more…]
Federal Budget 2016: You and Your Super
25 May, 2016 by Leave a Comment
SUPERANNUATION, yes, it's still tax free. However, it comes with changes in that if you have more than $1.6m in superannuation at retirement, the amount over those earnings (not the withdrawals) will not be tax free from July 2017.
Not all bad news, as the bits above $1.6m still receive low concessional tax rates (10 or 15%). And, in most cases, it is far better than being taxed outside of superannuation.
Capital Gains Tax: Subdividing & Amalgamating Land
6 January, 2016 by
THE FOLLOWING is a little-known (but should be widely-known) ATO explanation on how to calculate CGT on a property that was formerly your home that you subdivide much later. And how the principal place of residence can be lost.
It’s Tax Time Again!
1 July, 2015 by
HOW WOULD YOU like a detailed checklist to make sure no deductions are left unclaimed? You will find it covers virtually everything you need as a Commercial property investor, including things like …
- Income-related Deductions
- Work-related Deductions
- Other Sundry Deductions
- Your Rental Properties
- Offsets/Rebates
The 3 Most-Asked Questions To Buy Property in a SMSF
20 May, 2015 by
IN A RECENT INTERVIEW with Dallas Brooks (on his program “Dollars with Sense”) … Steve Enticott explored these of 3 questions in quite some depth — because they especially the relate to Commercial property. [Read more…]
Divorce and Your DIY Fund
25 March, 2015 by
MANY MARRIAGES END in divorce and the many members of Australia’s self managed superannuation funds (SMSFs) are not immune to this heartache.
As there are more than 1 million SMSF members nationwide, it should come as no surprise that the assets of an SMSF are often the next big ticket item after the marital home in any family law settlement.
Good outcomes can be generated for both parties with a little communication and compromise.
Let’s work through a case study using a Commercial property held within an SMSF and tenanted by the associated business of one of the SMSF beneficiaries. [Read more…]
How to Borrow to Buy a Property Within Your Personal Super Fund
21 January, 2015 by
AS YOU PROBABLY realise, this is not quite as simple as it may seem. And yet, all you need to do is follow some clearly defined procedures. [Read more…]
Liquidate Don’t Litigate
17 December, 2014 by
IMAGINE A SITUATION where you, through no fault of your own, are faced with a major lawsuit because one of your contractor suppliers has let you down and has gone into bankruptcy. [Read more…]
Your Age and The Full Passage of Time
15 October, 2014 by
I’M IN MY 40s … and well behind where I want or need to be. My career has stalled and the marriage is shaky because we’re constantly arguing about money. This is probably because my partner never returned to serious paid work after we had the children.
We’re far from making any dents in the mortgage. In fact, it’s actually rising slightly each year, what with the kids’ secondary education to pay for on top of all the other demands on our single income. [Read more…]
Super SUPER — Lending to Your Personal Super Fund
27 August, 2014 by Leave a Comment
ARE YOU THINKING about borrowing to buy property or other assets via a Self-Managed Superannuation Fund (SMSF)?
If so, you may be wondering whether you need a bank to lend directly to your SMSF; or if there is a simpler and cheaper way to borrow? [Read more…]
