How investors can supercharge their SMSF
Do you know how to harness an SMSF to drive your property investment portfolio? A new guide aims to help investors, both new and old, make the most of the future-looking retirement vehicle.
Using an SMSF to invest in property: A guide for novice and seasoned investors is a new piece of Premium Discover Content by the team behind SPI.
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Sponsored by InvestorKit, the guide aims to arm investors with the information they need to take the next step in their investment journey – whether they are just starting out in the SMSF space, or have been using an SMSF vehicle for their property portfolio previously.
As noted by the Australian Taxation Office (ATO), an SMSF – or a self-managed super fund – must be run for the sole purpose of providing retirement benefits to members.
While they can be complex in practice, Investorkit’s senior portfolio strategist Adrian Lee said the concept behind an SMSF isn’t too complicated – and will generally be operated similarly to investments in one’s own name.
“When we run the numbers, it comes back to why we invest in property – to have a stable investment that outperforms other assets the longer you hold it and generates great results for our wealth, due to leverage,” Lee said.
He sees investing in an SMSF as a great way to further one’s property portfolio, especially when investors are limited in their personal name due to cash flow.
According to SPI managing editor Grace Ormsby, the guide provides background information on the most important aspects investors should think about when deciding whether an SMSF is the right vehicle for their investment journey.
Covering off what investors need to know, when to start investing through an SMSF, how much an SMSF can cost, tax implications and the fine print of an SMSF, the guide provides for those who are not yet investing through an SMSF some important information around the concept.
For those who already have an SMSF in action and are looking to grow their portfolio, the guide also shares an investor’s five-point checklist and crucial information around tax benefits for both residential and commercial assets.
“We’re excited to be able to give investors the information they need to make informed investment decisions, with the help of their own team of expert professionals,” Ormsby said.
You can access the guide here.
Editor’s note: The information is general in nature and does not take into account an individual’s objectives, goals or financial advice and should not be considered as financial advice. Investors should do their own due diligence and consult with their financial adviser before making any decision regarding their financial investments.