The SMSF is an easy method to generate a fixed income from property investment. A fund may have up to four members. Each member has the right to decide how to invest in their superannuation.
A self-managed super fund (SMSF) allows Australians who have superannuation to invest in property. You can't purchase a home with an intention to live in it when using your superannuation.
The SMSF is an easy method to generate a fixed income from property investment. A fund may have up to four members. Each member has the right to decide how to invest in their superannuation.
While you could still invest in shares, many people include homes in their retirement or investment plans.
An SMSF can be complicated to establish. For a complete understanding of your responsibilities as well as the correct setup, it's a good idea for professional financial advice.
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