Purchasing property in your SMSF whether outright or using borrowing requires an attention to detail. We have developed a comprehensive guide on the strategy, the process and the options available to you.
Before you start
Buying Property through your Super – SMSF
Questions to Ask Yourself Before Considering an SMSF Property Investment
3 Part Guide to Borrowing to Purchase Property in your SMSF
- Property through super in a SMSF – Part 1: Background
- Property through super in a SMSF – Part 2: The Process
- Property through super in a SMSF – Part 3: 20 most common mistakes
Strategy Options:
- SMSF Borrowing: What Can I Do With An Investment Property Within The Rules.
- Owning your business property in a SMSF
- Benefits Of Transferring A Business Property In To Your SMSF – Superannuation Strategy
- Stamp Duty on Transfers of Property to an SMSF as at 01 Jan 2015
- Using your SMSF to plan now for a future downsize and a seachange
- Can I borrow to buy a house and land package off the plan in my SMSF?
- Question on Multiple Progress Payments When Buying a House & Land Package in a SMSF
Related Party Borrowing
#SMSF Property Alert : ATO guidance on related party SMSF loans (LRBAs) – Update
Complex Strategies
- How a SMSF can Purchase a Property with a Related Party – Using a 13.22c Trust
- SMSF Using an Unrelated Unit Trust for Property Development
Exit Strategies / Insurance
- How to Use Insurance to Pay Out an SMSF Property Mortgage on Death or Disability
- Using your SMSF to plan now for a future downsize and a seachange
I hope this guidance has been helpful and please take the time to comment. Feedback always appreciated. Please reblog, retweet, like on Facebook etc to make sure we get the news out there to do plenty of research first and only trust those that have earned your trust. As always please contact me if you want to look at your own options. We have offices in Castle Hill and Windsor but can meet clients anywhere in Sydney or via Skype.
Liam Shorte B.Bus SSA™ AFP
Financial Planner & SMSF Specialist Advisor™
Tel: 02 8853 6833, Mobile: 0413 936 299
PO Box 6002 BHBC, Baulkham Hills NSW 2153
5/15 Terminus St. Castle Hill NSW 2154
Corporate Authorised Representative of Magnitude Group Pty Ltd ABN 54 086 266 202, AFSL 221557
This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. This website provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such.
Helen Chandler
/ June 17, 2015Hello,
Could you please advise me on the cost to transfer a house OUT of a SMSF so the trustees can live in it. We are 62 years old and not working.
The house is in Qld, we currently live in SA.
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SMSF Coach - Liam Shorte
/ June 17, 2015Hi Helen
Unfortunately on this blog I am unable to provide personal advice so you should seek specific advcie for your particular circumstances.
In general there are a few items to consider:
If someone is over 60 and not working then we would look to see if they are in pension phase and if not advise if they should move to pension phase before moving any assets.
You will normally be up for the stamp duty. Here is the link to Queensland https://www.osr.qld.gov.au/duties/transfer-duty/calculating-transfer-duty.shtml
You can look at either buying the property from the fund or taking a lump sum ins-specie transfer.
You should also read my article https://smsfcoach.com.au/2013/07/31/using-your-smsf-to-plan-now-for-a-future-downsize-and-a-seachange/
If you want personalised advice from us please email me or call me. liam@verante.com.au 0413936299
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