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by on September 20, 2021
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Without any doubt today self-managed super funds (SMSFs) have become a very popular choice for the property investors. The main reason for popularity of SMSF Finance is the superannuation and the same concessions and tax advantages as the retail, industrial and corporate funds in the market. It is considered as the ability to own direct property and have absolute control over an investment strategy. You will agree that purchasing a residential property in a SMSF is a great investment tactic to generate long term retirement wealth.

When ruminating about buying residential property through SMSF finance you can enjoy several benefits such as:

  • SMSF finance allows you to make solid decisions as you are in a position to take your own investment decisions. With it, you can choose the exact amount of money you want for making a purchase. Moreover, it allows you to move your investments, according to your own varying needs.
  • It is a safe and assured option as SMSF super fund assets are totally safe. They are totally untouched by money lenders. Moreover, the fund also has a protective cover that prevents it from bankruptcy and other legal issues.
  • It is flexible fund that can be utilized to pay out or reduce the SMSF loan at any time and it is free from tax obligations.
  • Tax-Effectiveness of the super fund is considered as a lucrative factor by people looking to save tax while buying property. Since a self-managed super fund is designed to be your preferred vehicle for retirement savings they are taxed at only 15%, which is significantly less than the taxation you are required to pay in your own personal name. With the lower payable tax many people choose to make additional payment to their self because the tax on this is far lower than what is calculated on regular income.
  • Since all self-managed super funds are protected from insolvency and other legal rights your retirement finance is protected.
  • You will be surprised to find that SMSF finance is available at lower fees.

Self-managed super fund (SMSF) finance proves a great way for you to get fast cash for purchasing eligible income - producing real property in case you are short of money. In the event the share market is heavily affected, using SMSF can be a tangible and dependable investment option that allows you to earn up to 70% LVR. This sort of loan is essentially beneficial for the people who take it as an investment opportunity. 

GCC HOME LOANS is uniquely placed to assist you with SMSF property finance, through their direct access to all lenders currently offering SMSF residential loans. 

Posted in: Finance
Topics: smsf finance
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