An interesting article written by Bob Korver for Smart Property Investment lists the key elements investors must know before buying a property using their self-managed super fund.
The article states that one of the best things about buying property through your (SMSF) is the low tax rate, currently at 15 per cent. But it’s not just the low tax, there are still two more important factors that you should take note of before investing your SMSF.
Stamp Duty Looks Simply Out of Context
The government will take a few key decisions after it diligently analyses the tax structure prevalent in the country. The stamp duty- widely dubbed as the ‘worst form of taxation’ can come under the scrutiny, too. Andrew Jennings talks about the issue in an article for the website The Adviser.
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