EPISODE · Apr 12, 2023 · 12 MIN
Ep. 31 - Can I finance a HMO or NDIS through my SMSF?
from The HMO Property Show · host Neil Gibb
Help Shape The HMO Property Show! Tell us what you love, what you'd change, and what topics you want next. Take our quick survey here: https://wkf.ms/419QNLa Recently, the Australian Government announced the upcoming changes to tax concessions for superannuation balances above $3 million, essentially doubling the tax on earnings over $3m. Since then the phone has been ringing alot with people keen to get a better understanding of solutions to this impending change to legislation, even though it will not commence until the 1st of July 2025 and apply from the 25/26 FY onwards. The question is - "Can I purchase a HMO or NDIS positive cashflow investment property using my SMSF" and the answer is YES! We listened and decided to do a bit of digging into the most efficient, smart and beneficial way to achieve this. I have heard of some companies charging $150k or more for this service but in the best interest of the HMO Property Co clients we have found a solution which I explain in this short but value added episode. DisclaimerI am not in anyway shape or form licensed to give advice for Superannuation or SMSF's and you 100% need to take advice from the suitable professionals, which I can connect you with. The information in this podcast is based on the journey of some of my current clients and their projects they are currently completing. Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and/or property/investment strategies. For more information on SMSF and Pensions refer to Ep 13 - Corne Wilbers - Super, SMSF and pension phase of SUPER, listen to it HERE. For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group. The HMO Property CoWebsite: www.thehmopropertyco.com Instagram: @the_hmo_property_co FaceBook: The HMO Property Co LinkedIn: The HMO Property Co YouTube: The HMO Property Co TikTok: thehmopropertyco_ Spotify: The HMO Property Show Apple Podcast: The HMO Property Show JNG Property Group - https://www.jngpropertygroup.com/
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Ep. 31 - Can I finance a HMO or NDIS through my SMSF?
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