We all love investing in Australian property, it is at the heart of all of our clients and almost everything we do at SMATS.
I am often asked if buying a property is a good option for a SMSF in Australia, so I have prepared a video discussing the pro’s and con’s and all the issues around it.
Generally speaking I have not been a fan of owning a property in a SMSF, not because of bias but think it is too dominant and asset and there are more advantages outside of the fund than in, especially if you are borrowing to acquire.
I have been looking at how that could be improved, and feel we have a genuine solution on our SMATS Residential Property Investment Fund (for Wholesale investors), which offers the chance to be part of a large portfolio without the hassles of direct ownership.
This may well be the new way to acquire property in Australia given all the other issues around entry costs, land tax and capital gains tax, so I hope you find the video interesting and informative.