Self Managed Superannuation Fund (SMSF) Lending
SMSF loans are used to access the capital held within your superannuation fund to purchase a residential or commercial property.
Self Managed Super Fund lending is a relatively new and complex area of finance. Buying property this way enables you to use capital tied up in your personal Super Fund. Your Super Fund is the owner of the property. If you have a business, the business can rent from your Super Fund. This secures tenancy for the property and relieves the vulnerability of the business as renters. You are effectively your own land lord.
It is critical that the loan is established in the strict framework of Superannuation Law. It is often necessary to consult with your accountant, financial planner and solicitor to ensure all is correct and tax effective at the same time.
As Grant is a Chartered Accountant he is well equipped to handle transactions of this nature.