Most Australians would love to add some bricks and mortar into their super and diversify away from just having shares. Its just most of us are confused and not sure where to start.
Whilst we can’t give you advice as to whether this is the most suitable asset holding structure for you, we can, however, give you some general advice and work in with your accountant and financial planner. For example, the property is capital gains tax-free when you are retired. Think about that for a moment. A $500k property bought in 2018 and sold for $1million in your retirement, means all of the $500k capital gains is yours!! Do that twice and you have $1million more for retirement than you currently on track for.
If that is something you would like to find out more about, get in contact. We will be straight up with you and let you know whether you qualify or not. It’s really that simple.