It’s the age old question – property vs shares, which should I invest in? Australians have a love affair with property and if we’re comparing property vs shares on an emotional basis, then property is in a different league to shares. But if it came down to a return on investment, either could win on a […]
Changes to Super Rules from 1 July 2017
Superannuation rules are changing (again), so we thought it would be helpful to prepare a summary of the key changes and look at who they might impact. Superannuation Contribution Terms Contributions Payments to your super fund by your employer, yourself or someone else. Can be made as cash or other permitted form (e.g. ASX listed […]
Are All Investment Property Expenses Tax Deductible?
One of the most common misconceptions with investment properties is the belief that all expenses are tax deductible. While this would often suit the taxpayer, it is not the approach taken by the Australian Tax Office. There is an important difference between repairs & maintenance and improvements, and getting it right can help reduce tax […]
Who Gets Your Superannuation When You Die?
Superannuation Background Information Contrary to popular belief, your superannuation is not automatically dealt with by your Will. You don’t own your superannuation. You may control it and have access to withdraw it, but you don’t legally own it. If you don’t own something, it isn’t yours to pass on via your Will. Upon death, it […]
7 Benefits of Buying Investment Property with SMSF (Self Managed Super Fund) Borrowing
If you are drawn to the concept of investing your retirement savings in investment property but don’t have enough saved in super to do so, SMSF Borrowing might be for you. Providing certain conditions are met, a Self Managed Super Fund (SMSF) can borrow to invest in property under a Limited Recourse Borrowing Arrangement (LRBA). […]