SMSF lending is typically used to purchase residential or commercial property. The income generated from these investments and any capital gains can enhance the SMSF’s wealth over time.
To engage in SMSF lending, the SMSF must meet specific criteria, including having the right trustee structure and adhering to compliance and regulatory requirements.
Both residential and commercial property.
Loan repayments must be made from the SMSF’s own resources, typically from rental income, contributions, and investment returns. It’s essential to ensure the SMSF can meet these financial obligations.
SMSFs enjoy favourable tax treatment, including concessional tax rates on income and capital gains.
Given the complexities of SMSF lending, it’s strongly advised to consult with professionals, such as financial advisors, accountants and lawyers specializing in SMSFs, to ensure compliance and informed decision-making.
Phone: 0431318420
Email: enquires@mmfinancegroup.com.au
Mail: PO Box 7151, Silverwater, NSW 2128
Your full financial needs and requirements need to be assessed prior to any offer or acceptance of a loan product.
Credit Representative 552876 is authorised under Australian Credit Licence 389328.
Golden Wealth Pty Ltd t/a MM Finance Group ABN 66 640 388 567