I am new to SMSF. I've read somewhere that we can also claim depreciation for SMSF investment property so this could reduce the SMSF tax considerably. I just wonder if anyone can confirm if this is ture? How about the rental expenses? Can we get tax deductions for rental expenses as what we can for normal investment properties?
Thanks,
Patrick
Wow that does sounds good to use our Super fund to get IP and then negative gear it while avoiding tax
I'm interested to know more about this.