The use of Self Managed Superannuation Funds to buy and gear investment properties has exploded over the last few years.

This strategy is not without pitfalls, as this article explains.

http://www.itbdigital.com/opinion/2014/10/08/using-a-self-managed-super-fund-and-borrowed-money-to-buy-property-can-be-risky-business/#.VExE4yVSBPk.email

Contact us if you want to dicuss this matter further.

I just spoke to a client who was unaware that they could claim depreciation on their rental property. In most cases, the depreciation claims on a rental property exceed $2,000. Usually, to claim this depreciation, a property owner has to get a report from a Quantity Surveyor. The cost of which is a tax deduction.

All investment property owners should check if they are claiming the full amount of depreciation that they are entitled to.

It may be possible for life insurance and sickness and accident insurance payments to come out of your superannuation fund. This can ease the cash flow pressure of paying for these important insurances.

Please contact us if you would like to know.