Self Managed Superannuation Funds (SMSFs)

Has the value of your externally administered superannuation fund dropped dramatically?

Would you like to take direct and complete control over your own superannuation investments?

Did you know that an SMSF can now legally borrow to purchase investment property?

Your SMSF can purchase certain real estate from you and pay only minimal NSW stamp duty. This can save a huge amount of money. Stamp duty on a $500,000 property is approximately $18,000.  Then the rent is paid into your super fund and taxed at the usual low superannuation taxation rates.

Utilising our relationships and strategic alliances with other professionals, we can show you how you can set up your own SMSF which will be legally compliant and may allow borrowing within that Fund to enable the purchase of an investment property.

The documentation required to permit this borrowing must be prepared in a precise form otherwise you will risk non-compliance with the law. At Baker Love Lawyers we are experienced in the preparation of documentation of this kind.

Baker Love Lawyers have an experienced team of lawyers that will be able to assist you with all of your SMSF needs. Enquiries are welcome from accountants interested in finding out how their clients can avail themselves of this facility. 

Contact Andrew Knight, Baker Love Lawyers' SMSF Specialist, on 1800 088 557 today.