In years gone by, SMSFs were unable to borrow money for the purchase of an investment such as property or shares.
Since 2007 superannuation laws have allowed an SMSF to borrow money in order to purchase an investment asset (including residential or commercial property)
The Advantages of SMSF:
Self-Managed Super Funds have many advantages for investors compared to using a traditional institutionally managed superannuation fund. These include:
Benefits for business owners – owning business premises
If you’re looking to fund a property purchase in your super fund, talk to us about the nuances of SMSF lending.