Buying Property with Your Self-Managed Super Fund

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Investing property through a Self-managed superannuation fund is turning into a well-known choice for Australians who wish to enhance their investment portfolios – however what do you have to know first? There are extraordinary advantages connected with purchasing property through your (SMSF) – in particular duty preferences.

For instance, your super reserve is burdened at 15 for each penny – which is prone to be impressively not exactly your own assessment rate.

Yet, while there are clear advantages connected with purchasing property through your SMSF, …

Top 10 Home Loan Tips

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Mortgage Lending and Loans can indeed be the dream of many people who want to finally get rid of paying rent. However, it is important that those who want to pay mortgage should understand the different types and see more details in the Service Industry.Different financial institutions have different types of mortgage. These are some of the most common types currently available for those who would like to have their own home and say goodbye to the rent at the end of every month:

Residential

How to Pay Yourself a Pension Now That You’re Retiring

How to Pay Yourself a Pension Now That You’re Retiring

A SMSF, a self managed super fund is one of the most popular investment options for thousands, yet many don’t know how they can get a pension amount from their funds. It can be quite a tricky little solution for Australians but it doesn’t need to be impossible. So, the following are a few steps to pay a pension to yourself from a self managed super fund when you’re retiring.

Check the Trust Deed of the Self Managed Super Fund

When the fund is …

Self-Managed Super Funds (SMSF) for Beginners

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If you want more control over your retirement fund then a self-managed super fund (SMSF) may just be the right kind of fund for you. By becoming the trustee of the fund you get to make decisions about the investments and where they are placed, which sounds great in terms of the freedom it awards. However, you also have responsibilities to maintain, such as paying tax and only investing in things that are right for your type of fund. This isn’t the most straight forward …

5 Key rules for your SMSF

SMSF

When you have a Self-Managed Superannuation Fund, it is important to know the ins and outs as this can save you time, money and a lot of headaches down the road. Here are 5 key rules for your SMSF.

1. Understand the definition of an SMSF

When setting up your SMSF, it is vital that you understand what it is and what it does. An SMSF is a type of superannuation fund that offers you more control over your retirement savings. The fund also has …

How to fix a problem in your SMSF

problem in your SMSF

When you are the trustee or a member of an SMSF, there are undoubtedly issues that will come up from time to time. Here are the top 3 issues that you may face and how to deal with them:

1. You are Personally Liable

This is simply a matter of how much you are willing to research and be aware of legally. When you agree to enter into a Self-Managed Super Fund, you are also agreeing to be personally liable for anything that goes wrong …

8 Tips For Year-End SMSF Planning

SMSF Planning

As the self-managed super fund (SMSF) continues to soar high, the responsibility of the trustee also tightens up. The SMSF’s sustainability remains one of the biggest challenges for everyone in the group. How to accomplish a seamless year-end in terms of the fund’s viability is a thorough rain-check to prevent any unresolved concerns that can eventually affect the fund’s financial standing.read my latest blog post at http://www.retirementplanningconnecticut.com/why-bankruptcy-is-a-greater-issue-for-smsfs/

8 Practical Tips To Do

1) Contributions.

For the fund to continue to grow each member must contribute …

Why Bankruptcy is a greater issue for SMSFs

Bankruptcy

Bankruptcy is never a pleasant prospect for anyone, and much less for those who have a Self-Managed Superannuation Fund. The reality, however, is that people who have invested into an SMSF have more complex issues when dealing with bankruptcy than others. Here are the top 3 reasons why:

1. You become disqualified

This is the main reason that so many people who invest into their SMSF have problems. What happens is either they become bankrupt or another member of the fund becomes bankrupt and then …

Stock Warrants

Stock Warrants

A stock warrant is the right to buy shares of the company at a defined price. Stock warrant is similar to stock option. The difference is that an option is offered by the market exchange while warranty is offered by the company owning the stock. The other difference is the time of existence. While options are valid mostly no more than one year (in rare cases for two years) than warrants are valid to ten years and even longer.

Companies offer warrants in order …