Buying Property with Super, What You Need to Know

Thinking about buying property with your super? We go through the ins and outs of Self-Managed Super Funds (SMSFs), including why more people are setting them up, the benefits and tax advantages of owning property within an SMSF, and key compliance rules. We look at financing options, lending challenges, and strategies for business owners looking to rent their premises from their own super fund.

On this episode, we discuss:

(00:00) How to Buy Property Using a Self-Managed Super Fund

(00:46) Why Self-Managed Super Funds Are Growing in Popularity

(01:24) Why Major Banks Stopped Lending to Self-Managed Super Funds

(02:00) Benefits of Owning Property in a Self-Managed Super Fund

(03:08) What Is a Self-Managed Super Fund & How Does It Work?

(05:50) Should You Buy Commercial Property in Super or Your Own Name?

(09:51) How Much Super Do You Need to Buy Property?

(11:29) Can You Rent Your Business Premises from Your Super Fund?

(14:43) What Property Improvements Are Allowed in a Super Fund?

(16:48) What Happens When You Sell Property in a Self-Managed Super Fund?

(19:47) Can You Keep a Self-Managed Super Fund If You Move Overseas?

(21:25) Is It Harder to Get a Loan for a Self-Managed Super Fund Property?

(23:00) Why Some Lenders Charge Higher Interest for Super Fund Loans

(24:19) Who Should (and Shouldn't) Set Up a Self-Managed Super Fund?

(24:37) How to Keep a Self-Managed Super Fund Compliant

Check out the free resources from Inovayt here.

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The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

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