SMSFs and joint property purchases
How do we prepare the financials and tax return to reflect the true ownership? For instance should the asset be 60 % and the excess monies treated as a loan from the SMSF to the Trustees?
Using unit trusts for purchasing property through your SMSF
Q: I’ve just finished reading DIY Super for Dummies and found it really helpful. What interested me was the borrowing options for SMSFs.
Can my SMSF buy a property without paying tax?
Q: Can I sell my managed funds within my super fund and buy a rental property for the same amount without paying any taxes? We are an information site rather than an advisory site, and the answer to your question depends [...]
Which super funds have the largest asset allocation to the property sector?
Do you know if anyone publishes a list of the largest super funds in Australia, and also possibly by amount allocated to the property sector?
Reducing capital gains tax through super contributions
Q: I am about to sell a property which has capital gains tax implications. Is it possible to reduce capital gains tax by transferring some of proceeds of the sale into my super. I will be turning 60 in September. We’ve [...]
CGT calculations for SMSFs
Q: If I purchased a rental property in my SMSF for say $200,000 five years ago and the house is now valued at $300,000 in the SMSF what will be the capital base for the calculation of future capital gains tax (CGT) if I transfer the house out of the fund?
Superannuation contributions after 60
Q: I am 61 and have never made contributions to super. Should we put $300,000 into my super? Buy a flat and continue as is? Buy a flat and start contributing as much as possible to my super?
Super for beginners, part 20: Comparing your super fund’s performance
Every month or two (or more recently, every week it seems) the media reports the latest returns from Australia’s largest super funds.
SMSF investment: Where does all the DIY super money go?
Each quarter the ATO releases self-managed super fund statistics derived from annual return data. Some of the more interesting data outlines the investments that SMSF trustees choose, and how much SMSF money is invested in the different asset types.
Limited recourse borrowing: What you can and can’t do under the new super rules
Although self-managed super funds are generally not permitted to borrow, the super rules do provide some exceptions. The most publicised exception to the ‘no borrowing’ rule is the ability to enter a limited recourse borrowing arrangement.
THE SOAPBOX: Gearing can be the means, but not the end
As a property and share investor for more than 20 years, gearing (borrowing) can be a legitimate means to purchase assets, but gearing is not an investment in itself: it is simply a means to invest with associated costs and extra risk.
