Navigate the world of SMSF home loans with ease Are you dreaming of owning property but think it is out of reach ? What if we told you that your superannuation could be the key to opening those doors ? Intrigued ? Let us dive into the world of Self-Managed Super Funds ( SMSFs ) and discover how you can use your retirement savings to become a property owner .

Understanding SMSFs - taking control of your financial future So , what exactly is a Self-Managed Super Fund ? Unlike traditional super funds , an SMSF puts you in the driver ’ s seat , allowing you to control how your retirement savings are invested . But remember , with great power comes great responsibility . Make sure to seek professional advice to ensure you are on the right track .

How SMSFs work - property ownership made possible Under SMSF rules , you can use your super to invest in residential and commercial properties . For business owners , your company can even become the tenant through a tenancy rental agreement . It is a unique way to diversify your investment portfolio .

Navigating the SMSF loan maze - making property dreams a reality Getting a loan for an SMSF can be complex , but fear not ! An SMSF loan , operating under a Limited Recourse Borrowing Arrangement , allows you to leverage your super funds for property investment . Just remember , the rental income and capital gains are reinvested and only accessible at retirement .

The rulebook - conditions for SMSF property purchase Before you get too excited , there are strict conditions to follow . The property must solely provide retirement benefits , and it cannot be acquired from a related party . The ‘ sole purpose test ’ ensures your SMSF remains eligible for tax concessions . Additionally , it is key to know you cannot live in the home . That is a big no , no , from the ATO .

SMSFs on the rise - a growing trend The SMSF landscape is buzzing with activity , especially among Gen Y and X . According to the ATO , SMSFs hold a whopping $ 876.4 billion in assets , a 4 % increase from the previous year . It ’ s clear – people are recognising the potential of SMSFs .

Expert advice - your key to success Before you embark on this exciting

journey , remember the golden rule : seek professional advice . Understanding the financial complexities of SMSFs is crucial . We are here to help take the stress out of finding the perfect loan tailored to your SMSF needs .

Already have an SMSF ? For those who already have an SMSF property loan , reach out to find out if you can obtain a better rate if you refinance , I am guessing you will be presently surprised .

Ready to explore ?

If you are curious about the possibilities that SMSF home loans offer , do not hesitate to reach out .

Contact : Dawn at Marmalade Money at 0451 864 121 or support @ marmalademoney . com . Let us turn your property dreams into a reality Facebook : @ marmalademoneymentor

[ Other interesting reference : https :// www . ato . gov . au / individuals-and-families / super-for-individuals-and-families / super ]

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