SMSF Loans
At Star Finance Group, we are mortgage brokers who assist clients across Australia in purchasing property using a Self Managed Super Fund (SMSF) loan.
At Star Finance Group, we are mortgage brokers who assist clients across Australia in purchasing property using a Self Managed Super Fund (SMSF) loan.
An SMSF (Self-Managed Super Fund) loan, also known as a limited recourse borrowing arrangement (LRBA), allows SMSF trustees to borrow funds to purchase residential or commercial property. The property is held in a separate trust and serves as security for the loan.
Trust Structure: The SMSF trustee establishes a separate trust to hold the property purchased with the loan.
Limited Recourse: The lender's recourse is limited to the property held as security. If the SMSF defaults, the lender can only recover the property, not other assets of the SMSF.
Legal and Compliance Requirements: SMSF loans must comply with strict legal and regulatory requirements set by the Australian Taxation Office (ATO).
SMSF Compliance: The SMSF must be compliant with all superannuation laws and regulations.
Trustees: All trustees of the SMSF must be over 18 years old and not be disqualified from managing superannuation funds.
Borrowing Purposes: Loans are typically used to acquire property for investment purposes only, not for personal use or to improve property already owned by the SMSF.
Tax Efficiency: Income generated from the property is taxed at a concessional rate within the SMSF.
Asset Growth:Property purchased through an SMSF loan can potentially grow in value over time, enhancing the fund's assets.
Diversification: Allows SMSFs to diversify their investment portfolio beyond traditional assets like shares and cash.
Control: Trustees have control over the investment strategy and management of the property within the SMSF structure.
At Start Finance Group, we empower you to leverage your Self Managed Super Fund (SMSF) for property investment, offering tailored solutions that align with your retirement goals. Our SMSF loan products enable you to diversify your superannuation portfolio by acquiring residential or commercial properties within a compliant framework approved by the Australian Taxation Office (ATO). With our expertise in SMSF lending, we guide you through the entire process—from initial consultation to settlement—ensuring you navigate regulatory requirements seamlessly. By choosing Start Finance Group, you gain access to specialized knowledge and personalized service that maximizes the potential of your SMSF, providing greater control over your retirement savings strategy and potential tax advantages. Start building your wealth for the future today with Start Finance Group’s SMSF property investment solutions.
