These days, many small-business owners choose to buy their business premises through their SMSF. But how can you maximise incentives to achieve the best investment outcome?
Since the rules were amended in 2007 allowing SMSFs to borrow funds to buy property, many small-business owners have arranged for their self-managed super fund to buy their business premises using SMSF loans. This way, one of their greatest assets is held within the tax-effective structure of SMSFs.
To make the most of this investment strategy, consider the following:
Always take specialist advice about the appropriate lending structure for your SMSF. Few professionals fully understand all that’s involved with this specialised area and getting the right setup and loan structure for your individual situation is vital to your investment outcome.
Yannick Ieko, CEO, www.smsfloanexperts.com.au