All Topics / Help Needed! / Superannuation property investment

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  • Profile photo of mnelson23986mnelson23986
    Member
    @mnelson23986
    Join Date: 2003
    Post Count: 1
    May 2, 2004 - 11:37 pm

    Does anyone have any information on investing superannuation on property, I am unable to locate any information.

    Profile photo of AceyduceyAceyducey
    Participant
    @aceyducey
    Join Date: 2003
    Post Count: 651
    May 2, 2004 - 11:45 pm

    mnelson,

    Super funds are not allowed to borrow money. Therefore they are in the position where they either have to buy property outright or buy into property trusts or similar part-ownership systems.

    I suggest you consult a good accountant on the topic.

    Cheers,

    Aceyducey

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    May 3, 2004 - 3:18 am

    Have a look at this site:
    http://www.diysuperfund.com.au/

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of wealth4life.comwealth4life.com
    Member
    @wealth4life.com
    Join Date: 2003
    Post Count: 1,248
    May 3, 2004 - 6:28 am

    You need to contact an expert in the field of trust structures, I can help, are you an experienced investor or just seeking information, you will need to give a disclosure sheet on yourself.

    [email protected]

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