Invest in SMSF Leveraged Property
Self-Managed Superannuation Funds (SMSF’s) Investors can now invest in leveraged properties without having to set up a Limited Recourse Borrowing Arrangement (LRBA) and without the expense of a Bare Trust to hold the property. Additionally no loan documentation needs to be completed by the SMSF or its trustees and the loan does not count in the $1.6 million Transfer Balance Cap (TBC).
In this arrangement, DomaCom is the borrower via the property sub-fund but the tax benefits, net income and capital growth flow to the unit holder, being the SMSF. The internal loan has an interest rate of 5.99% with a maximum loan to value (LVR) ratio of 60% and is subject to the property being positively geared.
The loan facility is also available to non-SMSF investors.
Is your property settlement and your deposit at risk because your bank has withdrawn?
With your property in a DomaCom sub-fund you can access debt on the same terms described above – no LRBA, Bare Trust or loan documentation. Contact DomaCom 1300 365 930 or email firstname.lastname@example.org
General Advice Disclaimer
This information is general advice only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Accordingly, before acting on the information provided you must consider the appropriateness of the information, in the light of your own objectives, financial situation or needs. If you wish to acquire a financial product within the DomaCom Fund offering, you should first obtain a copy of, read and consider, the PDS before making any decision. A copy of that PDS is available at please click here or call your financial adviser.