If you are considering options for your superannuation and retirement, you are probably aware of how many opportunities are available. In order to gain more control over their super, more Australians are establishing their own Self-Managed Super Funds (SMSFs). A huge benefit of a SMSF is that it can be used for
investing super in property
. You can leverage your SMSF to borrow from a trusted lender and invest in property for a long-term, sustainable asset that can give you an earlier and richer retirement. You can use your Self-Managed Super Fund to borrow up to 70% of the total cost for a residential property from a bank or lender. And if you have other investments inside your SMSF, they are protected from creditors and insolvency; your lender only has legal recourse on the property in question. Why invest in a volatile share market when a more steadfast option is available? There are many benefits for investing super in property including major tax concessions. Property itself is an investment valued by many Australians, but investing in property within your SMSF can mean you only pay 15% tax where property purchased outside of your SMSF incurs up to 46.5% tax.Investing super in property has the potential to save you hundreds of thousands of dollars. Using your SMSF you can invest in either commercial or residential property with different rules for each. You will have no out of pocket expenses for holding property and any shortfall is paid for by your SMSF and if the property is sold in the pension phase, you will have incur no Capital Gains Tax (CGT). Investing super in property empowers you to control your hard-earned money and gives you the resources for an earlier, wealthier retirement. We can help you make smart decisions when it comes to investing super in property. If you want to be able to enjoy early retirement with peace of mind about the future, then property investment is an extremely viable option for you. We can help you realise your growth potential using your SMSF to invest in property.