How it Could Benefit You
Like you, the vast majority of Australia’s population currently holding a mortgage at the moment are watching interest rates closely with a lot of interest and most are getting highly stressed about the latest interest rate rises.
Self Managed Superannuation Fund Loans
If you are considering purchasing an SMSF property, you should be aware that the property can’t be owned for the purpose of living in it. Therefore you cannot live in the property or rent it to yourself. The property also can’t be purchased from any related party or trustees. However, a commercial property can be leased to a related party as long as it’s solely used to conduct business. For example, your SMSF fund can be used to purchase a commercial office or warehouse which can be leased to your business…
Continue reading to find out about Self Managed Superannuation Fund Loans…
Read the full article in WFO 2023 Mar Issue 3 – Click below to subscribe now
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Read Self Managed Superanuation Fund Loans to find out how it could benefit you in WFO 2023 Mar Issue 3.
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