A SMSF for your business

A Self-Managed Super Fund for business owners may be particularly appealing. Another instance where a SMSF is of interest, is to those that want to buy a property using their superannuation. As you cannot do this with other superannuation funds.

Even more so, a combination of the two. If it’s possible for the Self Managed Super Fund to buy a commercial property and lease the property to their business. This strategy would see the business paying the super fund rent.

If there is not enough money in the fund, a Self-Managed Super Fund can also borrow money from a financial institution to buy a property. If you already own a commercial property, it may be worth considering to contribute the property to the fund as a non-concessional contribution.

Canny Advisory and a Self-Managed Super Fund for business owners

We have great expertise with Self Managed Super Funds. We will highlight opportunities such as this and advise you on the right strategy to benefit you most.