Ep 246 - Using SMSF For Property Development

Ever wondered if you can unlock your superannuation to fund a property development? It is a popular question, but the ATO rules are incredibly strict! In Episode 246 of the Property Mastermind Podcast, Hilary Saxton and Bob Anderson break down exactly what you need to know before using a Self-Managed Super Fund (SMSF) in the real estate game. Bob explains why investors leave industry funds to chase better than the average 7% return , why accountants generally recommend a minimum balance of $200,000 to get started , and the massive tax benefits of taking control of your retirement savings. Crucially, they answer the ultimate question: Can you develop in your own SMSF? You'll learn why the answer is usually "no" if you need to borrow money , the rare exceptions for cash-funded projects , and how you can act as an external "Loan Partner" to potentially earn 10-17% returns on other people's developments. Disclaimer: The information in this episode is for general discussion only and does not constitute financial, legal, or tax advice. Always consult a licensed professional. Links Attend the 3 Day Workshop on the Gold Coast: https://bit.ly/3UmDhjo  Chat to Hilary about the current investment opportunity we have: https://link.propertymastermind.com.au/book-a-call Join the Ultra-Urban Database for upcoming investment opportunities: https://bit.ly/45sqO2F Head on over to our website to find out more about our workshop and education options: Our Website Connect with handovers.com: https://handovers.com/ Episode Highlights00:00 - Welcome & Our Gold Stevie Award Win! 02:10 - Bob’s Tip of the Week: Beware of Australian "Dinosaurs" 05:12 - Why do people switch to a Self-Managed Super Fund? 07:26 - The $200k minimum threshold for an SMSF 10:11 - Property development and SMSFs: How do they work together? 13:26 - Can you develop in your own SMSF? (The borrowing rules) 15:11 - The unrelated 50/50 joint venture loophole 17:09 - The "Loan Partner" strategy (earning 10-17% interest) 19:15 - The 15% tax environment and pension phase benefits 29:53 - How to get your free SMSF ChecklistSee omnystudio.com/listener for privacy information.