Borrowing in an SMSF
Under recent changes to superannuation rules a fund can now borrow, under certain circumstances, to purchase an asset. This potentially allows a fund to buy an asset that it may not otherwise have been able to afford, allowing a range of potential new assets. A popular investment that has benefited from these rule changes is property.
At iSUPER® we are able to assist trustees, who wish to borrow in super, to purchase a property utilising our experience in the SMSF sector and easy to follow processes. We can highlight key strategies available, important considerations and help guide you through the process.
To read more about what is involved in purchasing a property in super, visit Purchasing property in super.
Alternatively, you can request a call back from one of team to find out more about how borrowing works in an SMSF.