If a property promoter without an AFS license hogwashes you into using your SMSF for property investment, chances are they have vested interest in mind. The deal might be infested with bottlenecks all along the way. If however, you use solid professional guidance from people who know the nitty-gritty of investing the SMSF purse into real estate, you can come out trumps with the strategy.
Author: Alan Preston Archives
Capital Gains Tax Cap for Small Business Owners
If they could make retirement planning an active agenda of their working lives, farmers and small business owners could benefit a great deal more from their Super investments. Sadly, unlike those who have worked as employees all their lives, these small-business owners and farmers spend their working lives thinking about how to expand their business and buy more land, jeopardising their retirement nest egg woefully by not paying enough emphasis to the concessional and non-concessional contributions.
SMSFs Outdoing Large Funds
An article on the Australian Financial Review talks about the rising fortunes of SMSF. To put things in perspective, had $500,000 been put in the year 2004 in some large fund, it would have accumulated close to $190,000 by 2012. In comparison, SMSFs would have amassed a profit of something like $345,000 over the same time range.
SPAA Improves Limited Recourse Borrowing Guidelines
In an article for the website Smart Company, Cara Waters discusses the guidelines that have been attached to the Limited Recourse Borrowing Arrangements (LBRA) being used by the SMSFs. The SMSF Professionals’ Association of Australia (SPAA) has come up with these guidelines to ensure that LBRAs are used in an appropriate manner.
SMSF Investors Seek International Market
While penning a piece for the Business Insider, Chris Pash reveals that self-managed super fund investors are gloating over international markets and that their foray into exchange traded funds and international market shares has become the talk of the town.
SMSF Borrowings, a Cause for Concern?
Borrowing-backed strategies used by Self-managed super funds have come in for some sharp criticism. Fund managers and Super advisers are throwing brickbats at them and there have been talks of a major financial review in the given regard.
