Watch this space, for details of our next senimar.
DID YOU KNOW:
- The Queensland Government introduced a Grant/Incentive of $10,000 if you purchase an investment property?
- 80%+ of Australians are currently retiring on an income below $350 per week.
In this highly engaging one day seminar Konrad Bobilak (Property Strategist), Craig Webb (United CEO & local resident) and James Cribb (SMSF advisor) will explain the key benefits of borrowing in a super fund, such as:
- You can use the equity in your super fund;
- There are tax savings for buying assets in your super fund;
- There are asset protection advantages in using a super fund;
- Capital gains is tax-free if you are over 55;
- Property rental income is only taxed at 15%;
- You can borrow up to 70% of the property being purchased;
- Achieve tax-free rental income & CGT when super goes into pension phase;
- SMSF property investment is UP 50% since June 2008.
Due to the complex nature of SMSFs and tax law it is important to use professionals who understand the process. This ensures that:
- All tax and legal requirements are met;
- All documentation is compliant;
- The correct structure is used to avoid double stamp duty;
- The appropriate lender is identified for your situation.