How to invest in property through your SMSF

By Staff Reporter

If you’ve ever wanted someone to explain SMSFs to you without all the gobble-de-gook commonly associated with superannuation, this hits the mark.

Title: How to invest in property through your self managed super fund

Author: Martin Murden

ISBN: 978-0-9870849-0-3

Price: $29.95

Blurb: In this informative book, superannuation expert, Martin Murden, looks at this investment strategy from all angles:
- Comparing direct and indirect property investing
- Buying property with cash or borrowings
- Considering what your SMSF can and cannot buy
- Buying with partners
- Understanding how investment property is taxed
- Selling property - before and after retirement
- Managing your investment property in retirement

Most suited to investors who: Are familiar with property but new to SMSFs

SMSFs are becoming hugely popular, and we are receiving questions about how to start one and what to do with one frequently. This is a surprisingly easy read that may answer some of those questions.

Covering off the basics of different types of property, Mr Murden early on explains that “This book is not a book about property investment per se (there are plenty of good books on property investing)”. He provides brief comment about what features of different assets to be aware of, before getting on with what the book does best – explaining what can and can’t work in an SMSF, the basics of the rules and how it compares to personal ownership. He also covers a number of slightly more 'niche' SMSF areas (such as overseas property investing) that may get you to consider other types of investment.

Including information about borrowing, succession planning and record-keeping, it’s a good starting point read for investors keen or confused about SMSFs. The case studies throughout are excellent at describing situations that can seem confusing when we are only reading the legislation. There are also helpful diagrams, bullet points and checklists that are invaluable for breaking down information into easily understandable pieces.

The book does become more complex as it goes on, however if you read it chronologically - and resist the temptation to jump to chapters that sound intriguing - it is far easier to digest.

One little ‘investor beware’ is that some of the rules may have changed since printing (and may be set to change again). Published in 2011 by Major Street Publishing, SMSFs are a fast moving area and all investors would be well-placed to seek out confirmation of any particular points they read.

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