SMSF stands for Self Managed Super Fund. It is a way of saving for your retirement. However, there is a basic difference between SMSF and the other super funds available in the market is in SMSF the members are also the trustees. Hence, the members run the fund for their benefits. Their investment is solely based on their financial goals. However, they are also responsible for complying with the superannuation and tax laws. There can be up to 4 members in an SMSF.
You must set your Self Managed Super Funds as easy as possible so that it can be considered eligible for tax concessions and can receive superannuation contributions. You need to administrate it easily.
These loans are typically secured by collateral. In most of the cases, the company or the new venture of the same is used as the security.
You must know how to manage your fund’s investments in a legal way and in the best interest of the members of your SMSF. It is highly important to make an investment strategy before you start making investments. That strategy will definitely have the goals and objectives of the fund. Your investment strategy must be in written, signed and accepted by all the members.
Loans4me can help you to obtain finance for your SMSF property and even find you an investment property in the area of your choice.
*We are not accountants or qualified to set up your SMSF on your behalf. You should consult a professional before making an SMSF to make sure it is right for your financial situation. We are not Licensed Real Estate Agents. We provide an avenue whereby you deal directly with the builders and developers. Any prices for Home & Land Packages on this website are for indicative purposes only.