Benefits of Self Managed Super Fund Loans
Setting up a Self Managed Superfund Loan (also knowm as SMSF loans) is a big decision and one that requires a lot of thought and consideration.
Before considering if a self managed super fund loan is right for you it's important you speak to your accountant and financial planner. It is also important you seek advice from your accountant and financial planner before considering your SMSF options.
The benefits of using a self managed super fund to purchase residential investment property may include:
- Use of the rental income to assist in repaying the loan.
- A limited recourse loan.
- Potential Negative gearing benefits - offset loan interest and expenses against rental income.*
*Always speak to your accountant when considering the benefits of using a SMSF.
If you would like more information on SMSF loans and you have already spoken to your accountant and financial planner talk to me today!