How to do a SMSF Borrowing

http://www.smsfstrategies.com Probably the hottest strategy at the moment is being able to buy property through your self-managed super fund. We're not talking commercial property, we're talking waterfront property, we're talking investment property, we're talking rural property, and that really is a, an amazing strategy that's really taken the superannuation industry by storm. But importantly most people don't know how to do it. So I'm going to give you the good oil on how to set up a SMSF property borrowing. The first thing you need to have is of course, um, a self-managed superannuation fund. That needs to be an up-to-date 2012 deed, otherwise it's not going to pass muster with the bank. That will then have to have a corporate trustee on it. You never, ever want to set up a self-managed super fund with individual trustees for longevity purposes. Now under the law you need to have, what we call, a holding trust.

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