Today in part 4 of this week’s series on Buying Property in a Self Managed Super Fund we discuss who should be the trustee of your SMSF.
While I’m not licensed to give advice in this area, it seems to me that many property investors would benefit from having a corporate trustee for their SMSF. Yet as you’ll hear in the video that this not the way the vast majority of investors do it.
Watch this 5 minute video from Westpac to find out more..
Of course before you go down the route of setting up your own SMSF, it is critical to seek independent advice from a properly qualified financial planner to ensure that it is appropriate for your circumstances and that you set up things correctly and don’t fall foul of the tax man.
This week we will publish a series of blogs and videos to help you better understand buying an investment property in a Self Managed Super Fund.
View Part 1 – BUYING PROPERTY IN A SELF MANAGED SUPER FUND – BASICS
The next installment will be published tomorrow.
One More thing…
If you’re interested in securing your financial future through property investment, now may be a good time to buy property either outside or inside your super fund.
And if you’re looking for independent advice, no one can help you quite like the independent property investment strategists at Metropole. Remember the multi award winning team of property investment strategists at Metropole have no properties to sell, so their advice is unbiased.
Whether you are a beginner or a seasoned property investor, we would love to help you formulate an investment strategy or do a review of your existing portfolio, and help you take your property investment to the next level. Please click here to organise a time for a chat. Or call us on 1300 20 30 30.
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