|
|
| *Home>>>Managed Fund |
Can you set up a self managed superannuation fund and buy a property that you can rent yourself?? |
Can you set up a self managed superannuation fund and buy a property that you can rent yourself?? I don't see why not. Buying a property with super funds is legal and renting your own property is also legal. Must be ok but check with an expert. absolutely It sounds like you don't already have a self-managed fund (SMSF), and you really need to take some advice (from a financial planner) on how to set one up and understand the prudential requirements in terms of your investment profile. Investments that are not at arms-length and on commercial terms are likely to be viewed unfavourably by the ATO. You also have the issue of getting sufficient funds into the SMSF to make the necessary purchase, and in Australia, opportunites for significant transfers are now limited. If you have to borrow the money, then the process becomes a good deal more complex. Get some professional advice. |
| Tags |
| Offshore Investment Mutual Fund Money Market Funds Money Investment Managed Fund Make Money Low Risk Investment Long Term Investment |
| Related information |
Almost all mutual funds can be set up into a Roth IRA through the mutual fund company that sells the fund. 10 to 20 years is a considerably long time most mutual funds have not been around so long... The trustee (in this case, probably the bank that was managing the assets) should have all of the records. If they are not cooperating, you should be able to find the relevant documents (wills, tr... They get a fee which is calculated into the expense ratio of the fund. The more people that invest in the fund, the more money goes into their pockets for managing it. They bring experience and... Managed equity funds are often included inside a 401 k plan. All equity funds are managed.....by managers, of course.These are mutual funds that have the great majority of their invesrments in comm... Yes, that's a particular brand of fund. It's managed by Fidelity. ...All the residents should withhold their monies from this fund, maybe that will get someones attention. If it is like you have said, and more than one unit has complained about maintenance being com... Lower expenses and diversification. Plus, some folks are convinced that impossible for actively managed funds to consistently beat indexed funds. I happen to think that's all BS. I expect t... Expense Ratio The percentage of total fund assets that is used to cover expenses associated with the operation of a mutual fund. This amount is taken out of the fund's assets and lowers the r... |
Categories--Copyright/IP Policy--Contact Webmaster |