6 Quick wins buying a business property in your family SMSF I’ll start off by saying that as a serial entrepreneur, I was fairly “Anti-Super” for a very long time. That was until my best mate, business partner and tax wizard Ben Walker showed me how easy it was to become a SMSF Millionaire. […]
READ MOREI have a pool so now I can buy an office – smsf magic trick #31
Recently we’ve been speaking about the many and varied ways technology allows us to run a business and the different ways of working people can enjoy as a result. This led us to reviewing some really cool home office set-ups, as well as touching on the benefits of co-work spaces. Of course there’s always the […]
READ MOREHow much do I need in super to start an SMSF?
How much do I need in super to start an SMSF? The rough guideline for how much you need in superannuation to justify a SMSF or Self Managed Super Fund is about a quarter of a million dollars or $250,000 – or more. Remember a SMSF can have up to 4 members and so […]
READ MOREPay Less, Little and No Tax in SMSF. It’s legal.
In every Self Managed Super Fund there are 2 sides. An Accumulation side and a Pension side. Using Harvee’s plane analogy from the beginning, the accumulation side or phase of a SMSF is when the fund is actively growing. The same as when that plane is climbing to new heights. You can’t touch any […]
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