Self-Managed Superannuation
Fund
Lending
Since the changes to the Superannuation Act it is now possible to buy property into a Self Managed Superannuation Fund (SMSF). Quest Home Loans can find the perfect loan to achieve your investment goals.
The loan is secured against the investment property and servicing the loan with the rental income, as well as other income received or assets held by the SMSF.
Key Benefits:
A maximum 10% capital gains tax on sale of property if held for at least 12 months.- Maximum of 15% tax on rental income.
- May effectively receive a tax deduction for loan repayments of the principal.
- The interest costs are tax deductible and can potentially reduce the 15% contributions tax to nil.
The Structure Simplified
- SMSF locates an investment property, pays a deposit and borrows the balance from the Lender.
- The Property Trustee purchases the property and becomes the legal owner.
- SMSF has a beneficial interest in the property.
- The Lender lends to the SMSF. (The Lender has no recourse against the assets of the SMSF other than the security property purchased.)
- SMSF can choose to purchase the following types of property:
- residential -purchase from arm’s length vendor
- non-residential/non-specialised (commercial and rural purpose) -may be purchased for full value from related parties
- SMSF can deal with property in “normal” day-to-day activities (e.g. lease, renovate, repair, sell)
- Rents are paid directly to SMSF
- When loan is paid out in full and mortgage broking discharged title MAY be transferred to SMSF.
WHY CHOOSE QUEST HOME LOANS?
Fully qualified consultants at Quest Home Loans understand how important your financial future is. They take the time to get to know what your specific objectives are now and into your future endeavors. We not only find the right solution for you but we provide you with as much information as possible so that you make educated decisions every step of the way. With our panel of lender experts you know you’re provided the most up to date options.
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There is so much to consider when buying your own home. Can I afford it? Where do I buy? What will my repayments be? There are over 600 loan products to choose from so let Quest Home Loans simplify this process for you and make it a time to celebrate! 
All the economic changes also mean the banks are changing their loan products and it’s more important than ever to make sure you have the right loan for your circumstances. Quest Home Loans will look at your current position to make sure it’s in line with your goals.