Tag Archive for: Property Law

Buying Property In Your SMSF

Australians are known to love property as an investment vehicle. Generally this has been achieved by borrowing from a bank to purchase property before paying it off over time. Since 2007 self managed superannuation funds (SMSF) have been allowed to borrow money to acquire property, which has seen a large increase in the amount of SMSFs and the amount of property owned by SMSFs.

What is a SMSF?

A SMSF is a superannuation fund that has four (4) or fewer members and is an alternative to retail and employer sponsored superannuation funds. In a SMSF, the members (who are subject to strict rules) have control over the superannuation fund, its investments and decisions.

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Helping Your Children Buy Property – Risk Versus Reward

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We’ve all heard the statistics about children living with their parents into their thirties, but while crippling house prices may be to blame, some parents are taking a more pro-active approach and shuffling their children out the door and into their very own first home.

Even the most kind-hearted parents however must think about how this may affect them and their children moving forward. Is the help going to be a one-time offer or ongoing, what sort of exposure will you face and does the reward outweigh the risk?

The more common approaches to helping your children buy property are:

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