Using Super To Buy Property

• Want a more secure way to invest funds for your future?
• Interested in tax concessions unique to super investments?
• Searching for an investment that has long-term sustainability?
• Want to grow your assets with a Self-Managed Super Fund?
• See how you can control your financial future using super to buy property!

You can use your SMSF to borrow to invest in assets such as property. Where before, if you wanted to buy property your super fund had to buy it outright, now you can use it to borrow from a bank or lender for up to 70% of the amount - depending on the kind of property you buy. If you have a Self-Managed Super Fund (SMSF) or you are thinking about getting one, using super to buy property is an outstanding way to grow your assets.

You can use your super as leverage to purchase residential or commercial properties with different rules applying to each. The loan amount does not fund construction or development, but rent goes into your SMSF as well as mortgage repayments coming out. So you have no out-of-pocket expenses; your super fund invests in and pays for the costs of the property until it becomes self funding.

This serves as a long-term investment, and its benefit is that using super to buy property helps you establish your own financial future and set up a healthy retirement source. An investment property purchased inside of your super fund only incurs 15% tax, where property purchased outside of super incurs a tax penalty of as much as 46.5%. Not only this, but if you also sell your investment property when reaching pension phase, you incur no Capital Gains Tax (CGT). All your other assets are safe and protected, as your mortgage lender only has legal recourse on the property with which they are assisting.

Using super to buy property is a smart, long-term investment that has the potential to give you early retirement. Property gears better than other assets; it contains more weight and banks are more likely to lend you more money to grow this considerable asset. Your super covers any initial shortfall and the property usually becomes cash-flow positive and self funding after a number of years. Using super to buy property offers you more than sufficient means to experience a healthy and early retirement. It gives you the freedom to handle your own super through a Self-Managed Super Fund and all assets within your SMSF are protected from creditors and insolvency. You can hold property in your retirement with no out-of-pocket expenses and substantially grow your assets with your SMSF.

While using your SMSF to invest in property is a strong retirement option, there are always intricacies involved in investing for your future. Always seek out professional and individualised advice to help you establish a base from which you can develop your assets and use property to have the retirement you never believed was possible. Professional financial advisors can show you the best possible way to leverage your SMSF for a sustainable asset that will give you the wealth and growth you have been searching for.

If you are considering using super to buy property and you want to seek advice from dependable professionals, check out Super Alchemy. Super Alchemy will help you develop your investments and give strong guidance about using super to buy property.