Super Investment Ideas Helps in Securing a Comfortable Retirement


Posted October 1, 2012 by NogartAu

Super Investment Ideas – can help every Aussie to have a comfortable income through their retirement years by supervising them with their super property investment using their SMSF.

 
Australia - Super Investment Ideas - can help every Aussie to have a comfortable income through their retirement years by supervising them with their super property investment using their SMSF.

It is no secret that owning a rental property is one of the most surefire ways to have a secure financial future. While most people would love to buy a property for investments, some do not have the resources to finance the investment. And this is what Super Investment Ideas want to change.

"Gone are the days when investing in a property is downright costly and risky. You do not have to take a new loan against your current income as well as spend thousands of dollars more for Lenders Mortgage insurance (LMI) stamp duty, legal fees and other expenditures associated in property investment," said Super Investment Ideas. "Now, you can eliminate all these troubles and any cash outlays by letting your SMSF fund the purchase!"

Most of employees in Australia do not know that they have the money to invest in a property should they choose to. Thus, it is the aim of Super Investment Ideas to help these very people to unlock their investment potential by taking advantage of the 9% compulsory super contributions to secure their retirement and reduce their tax in the process.

How does property investment using SMSF work?

The owner of the SMSF appoints a Security Custodian to purchase investment residential property on its behalf, as security for the loan. The SMSF contributes cash to pay the deposit and other additional expenses such as stamp duty. The SMSF then manages the property in the same way as any other real estate investment. The property is held in trust and the legal title is either transferred to the SMSF when the loan has been repaid or the property may be sold.

Benefits in using SMSF to finance the a property investment

- Use the compulsory 9% contributions to finance the purchase of an investment property
- Take advantage of negative gearing to reduce tax income
- By using SMSF, the tax on rental income will be halved
- Properties sold by owners aged over 60 years old can avoid paying the Capital Gains Tax

"Property investment is not an impossible dream even for the average Aussie, with the help of your SMSF; you can certainly secure your retirement years with a steady stream of income for life."

To know more about property investment using SMSF, call Super Investment Ideas at 07 3282 5027 or visit http://www.superinvestmentideas.com.au/
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Contact Email [email protected]
Issued By Andrew Middleton
Website www.superinvestmentideas.com.au
Phone (07) 3282 5027 - Brisbane , (
Business Address Australia
Australia
Country Australia
Categories Business
Tags super property
Last Updated October 1, 2012