- By admin
- In Building wealth - Finance for investors, Business matters - Loans for business owners, Supercharged retirement – Buying properties with super
Naturally, you should always seek advice from your accountant and financial planner when considering making any purchase with your self managed super fund. However, there are some very interesting perks that come along with this type of lending.
Unlike a residential self managed super fund property purchase, whereby you are not allowed to live in it or rent it to family members, a commercial self managed super fund property purchase is designed to allow you to rent the property to your very own business, claim the rent as a tax deduction, and still receive the benefits of reduced tax payable on the income as its being received by your self managed super fund and not you personally.
There are still a variety of lenders whom will consider this type of lending, and naturally they all have varying fees and rates and policies. You may be able to borrow up to 75% of the purchase price of the commercial property using your super fund, and there are even lenders available whom will go to a 30 year term with no annual reviews!
We can help to match you with a lender that suits your needs, whatever they may be.
You can also see what other happy customers have had to say about us here – https://www.womo.com.au/reviews/Bee-Finance-Savvy-Miranda
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