There are a lot of benefits that you can get if you own an investment property. If you are in the position in doing so then you can be financially benefit from it when you choose super property investment.
The use of superannuation fund to buy an investment property is essential for you to take control of your financial future. For you to clearly see its essence, listed below are the four benefits that you can get in owning super property investment:
Capital Growth
Owning an investment property will let you see a long term growth in your capital. To purchase a property is usually a long term investment. When you tend to buy a property like land, this will increase its value if you start building a house on it. Both the land and the house will automatically increase its value overtime.
Minimise Tax
You can claim any depreciation on the buildings fittings and fixtures and if the building is new or is bought by the plan then you are given the advantage to claim for the minimum amount. Make sure that the property is considered carefully as this can directly affect the investment property tax deduction.
Renting
You can use the super property that you have purchased for renting. One good thing about property renting is it can effectively maximise your cash flow. Your tenants can efficiently compensate your mortgage on the property they have rented. It is an essential idea for you to have a financial planner to help you handle your financial lease.
Secure Investment
Buying super property investment is known to be a more secured investment. This is a better way for you to secure your retirement without worrying too much of your future stability. The property that you have purchased will then be held in confidence and its legal title can be either transferred to the self managed super fund when the entire loan has been paid back or the property may be sold.
To know more about superannuation fund, feel free to consult at Super Investment Ideas, you can reach them at (07) 3282 5027 in Brisbane, (08) 7071 7222 in Adelaide.
Or log on to http://www.superinvestmentideas.com.au/
Super Investment Ideas
Property Investment Strategist has been working full time in Property for over 25 years. Josephine personally owns multiple investment properties and has seen the way Real Estate, especially investment Real Estate, has changed over the years.
Thursday, April 26, 2012
Tuesday, March 20, 2012
Facts You Need to Know About Superannuation Service
Saving for your retirement is an important consideration when it comes to financial planning. The superannuation or otherwise known as retirement fund is something that all people should be planning for. Once you have started working and earning money, it is already an SOP that you must contribute a certain percentage of your salary towards superannuation.
Basically, your superannuation funds are inaccessible until you have reached the age of 65. By that time you are allowed to manage it in accordance to your want and need. There are a lot of superannuation services that are made available so you choose the one that is more appropri-ate and essential for your needs. Listed below are some of the many services that are made available for you:
Industry Funds
The industry funds are taken care of by the unions and employers association. This fund is made solely for the benefit of each member. There are no shareholders in this kind of fund unlike the other such as retail or wholesale fund.
Wholesale Master Trust
This fund is otherwise known as retail funds and is managed by a financial institution or firm of a number of employees.
Retail Master Trusts
This type of fund is run by a financial institution or firm dedicated for a certain individual to en-sure super property
Employer Stand Alone Funds
This fund is made by the employers intended for their employees. Each fund is structured indi-vidually, however, the employee has the option to share it with his colleague.
Public Sector Employees Funds
This fund is intoned for people who are working under public sector and is made by the gov-ernment exclusively for government employees only.
Self-Manage Super Property Funds
The self manage super property funds are created for a group of five or less people. They are supervised by an Australian taxation office and thereby follow strictly the rules. Each member is called a trustee. Members have the power to choose the specific types of investment they want that basically suits their lifestyle.
For more details about superannuation fund, feel free to consult at Super Investment Ideas, you can reach them at (07) 3282 5027 in Brisbane and (08) 7071 7222 in Adelaide.
Or log on to http://www.superinvestmentideas.com.au/
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