Good Morning Everyone
I've been given the advice by my accountant that I should purchase future investment properties using a SMSF.
I'm 30 years of age and have about $25k in my Super. I currently own a home and one investment property.
He suggests that I should salary succrifice as much as I can into a SMSF and once I've accumulated $100k, I'll be able to utilise it to purchase investment properties.
Has anyone done this? What would be the difference in purchasing an investment property using a SMSF and through the "normal" means.
I've been given the advice by my accountant that I should purchase future investment properties using a SMSF.
I'm 30 years of age and have about $25k in my Super. I currently own a home and one investment property.
He suggests that I should salary succrifice as much as I can into a SMSF and once I've accumulated $100k, I'll be able to utilise it to purchase investment properties.
Has anyone done this? What would be the difference in purchasing an investment property using a SMSF and through the "normal" means.