US Property 4 Less – Self Managed Super Fund
Taking Charge of Your Retirement
No one cares more about your retirement than you do, so why not take charge of your Self Managed Superannuation Fund (SMSF). While the restrictions on investing through your SMSF may seem daunting, with the right information the process is quite simple.
The US Property 4 Less team are experts at purchasing property through your SMSF and can walk you through all the relevant forms and restrictions. At the end of the day it is your money and it should be working hard to secure a comfortable retirement.
Income
When purchased through you SMSF, net income on your US property investment will be taxed at 15%, compared to 30% for companies or for individuals up to 46.5%.
The Result?
A regular, high yield income that can far outweigh other forms of investment.
Capital Gains Tax
On any US property held over 6 months, capital gains will be taxed at just 10%. This is compared to 30% for companies or for individuals.
Depending on your situation, these other rates may apply:
- 15.75% with taxable income between $35,000 and $80,000
- 19.75% with taxable income between $80,000 and $180,000
- 23.25% with taxable income exceeding $180,000
Tax Offset
Any tax you pay through your SMSF outside of Australia on your property is offset against tax paid in Australia by way of tax credit.
Don’t worry, our specialist accountants will ensure you don’t lift a finger!
Pension Benefits
If your SMSF owns your investment property, you may even be eligible for further tax exemptions on your investment income!
Imagine receiving a steady income every month, for the rest of your life…
Some people do not recommend that a SMSF invests directly in US property as an asset protection strategy. This is because in the event of any litigation arising from the US property investment, the assets of the SMSF will be potentially exposed. In this regard, it is recommended that a special purpose vehicle be incorporated to invest in US properties (such as a Australian Pty Ltd company as trustee for a Unit Trust, or in some cases a US incorporated Limited Liability Company (LLC), with the SMSF owning all the units in the Unit Trust or all the shares in the LLC. Do not worry if this sounds complicated, our investment advisors will walk you through the whole process so you know exactly what you are getting into.