How much needed to set up a SMSF

How much is needed to set up a SMSF?

One common question in regards to the establishment of a SMSF is ‘how much do we need to start one?’

The answer is simple: It depends!

If you read the information out there regarding this subject, you will find that the recommended minimum amount required for establishing a SMSF is $200,000. This figure is based on one thing – the cost of operating an SMSF when compared to the management and administration fees charged by retail and industry superannuation funds.

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SMSF for property  structure

Best structure for property investment – family trust or SMSF?

For many years the family trust has been the preferred investment vehicle for people looking to build wealth through property – and rightly so. However, with self managed super funds now able to borrow to invest in property via limited recourse loans, every property investor who currently has a family trust or who may be considering one needs to take another look at what is the most appropriate structure for their situation.

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lotza_cash

Under 35? Five things you MUST DO NOW to boost your super!

Chances are, if you are under age 35 the balance of your superannuation savings is probably the last thing from your mind. This article will reveal five basic tips that you can use to immediately start giving your super a boost.

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UnitTrustPurchase2

6 ways to purchase property using your super

If you have read any of my other articles you should now that your SMSF is a fantastic vehicle for holding your investment properties.

Extremely tax effective with the maximum possible asset protection.

In this article I will review the 6 ways that your SMSF can purchase property:

1. Direct purchase
2. Instalment warrant
3. Tenants in common
4. Joint venture
5. Unit trust
6. Pre-99 unit trust

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VidCap1

How to buy property with your super – video overview

Tweet In this video animation I have put together, I am going to go through a basic overview of how purchasing property in your self managed super fund works when you utilise a loan and instalment warrant structure. The reason I have decided to put this video together, is that there is a lot of […]

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