So if you are thinking of setting up an SMSF to purchase an investment property or you already have an investment property in your SMSF, then you need to follow and read my weekly blog. It will save you thousand of dollars if you follow the detailed strategies I will show you in this report so you don't fall into the same traps.
If you don't want to miss out of this valuable weekly information then follow my blog via email. Use the link "Follow by Email" on the top right to register. You will automatically get delivered directly into your inbox each week each SMSF trap update.
EVERYONE who subscribes will get the full report emailed to them at the end of 7 weeks for free.
First, you must understand fully how an SMSF works, not to mention the complex Australian Taxation Office requirements, ASIC laws and your responsibilities as a trustee of your own SMSF. If anyone tells you it’s simple, then they are lying to you. The laws and compliance requirements can be daunting and must be approached carefully. A Limited Recourse Borrowing utilising an SMSF, your existing super savings and debt to borrow to invest in a property is a complex structure. You can easily fall foul of regulators if you are not cautious, be fully aware of what you are getting into, and know the costs involved and the traps to avoid.
I have complied a list of the top 7 most common traps that I have personally seen people fall into when buying a property in an SMSF. I have numerous years of experience in setting up and maintaining SMSFs on behalf of my clients and I know where the traps are and how to avoid them. Whilst this is general advice, take note so you don’t make the same mistakes that others have.