Use the script below to film a short video about the proposed SMSF lending changes.
The Government just announced their plan to quash SMSF Borrowing.
If you don’t have 100% of the funds required for a property, you’ll likely no longer be able to buy residential investment properties in your SMSF.
But if you were planning to buy a residential investment property using your super, You likely have a 45-day transition window once the bill officially passes.
if you already have a residential property loan inside your SMSF, there’s no reason to panic as existing arrangements are likely to be fully grandfathered.
Commercial property investing through an SMSF is currently unaffected.
More importantly, a change in legislation just means it’s time to pivot. There are still highly effective investment structures available to you once you know where to look.
If this affects your plans, send me a message. Let’s sit down, look at the timeline, and help plan out your next move.
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