Using Your Super To Buy Property . How to use your super to help buy your first home You could potentially purchase a property outright using funds from your superannuation or take out a loan to buy an investment property via your SMSF Using your super fund, you can personally contribute up to $15,000 each financial year 3, with the total you can withdraw across all years from 1 July 2017 limited at $50,000.Eligibility is assessed on an individual basis, meaning two people could each.
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In order to do so, you will need to meet the definition of retirement for superannuation purposes. With careful planning and a thorough understanding of the rules, you can use your super to buy a home, turning this long-term investment into a stepping stone towards your first property
112. Using Super to Buy Property YouTube A SMSF is a private superannuation fund that you manage yourself. However, there are some key rules: The property must be solely for investment purposes You are able to use your superannuation savings to buy an investment property or rental property; however, there are strict guidelines on how you must do this.
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