In this episode of SMSF Insider, host Troy, founder of Blue Chip SMSF Services, reacts to different videos discussing the nuances of purchasing property through a self-managed super fund (SMSF). He highlights the option of using a 10% deposit and the implications of gearing up to 90%, emphasizing the aggressive nature of such a strategy. Troy explains that not everyone needs an SMSF, cautioning that many individuals may be misled regarding its necessity. He outlines the potential advantages of SMSFs, particularly in relation to purchasing commercial properties, and clarifies that while residential properties cannot be lived in or rented out to friends, commercial properties offer more flexibility for business use. Tune in for valuable insights into managing your SMSF and making informed investment decisions. Remember, this podcast does not constitute personal advice, so consult a licensed advisor before making any financial commitments.

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Please note: The information provided in this recording is for coaching and educational purposes only. It should not be considered personal financial advice. Everyone’s situation is different, so before acting on any of the content discussed, please seek independent financial advice tailored to your specific circumstances.

Timestamps:

00:00:00 - 00:00:00: Introduction

00:02:34 - SMSF and commercial property leasing

00:05:37 - SMSF owning commercial property

00:09:28 - SMSF property investment advantages

00:11:48 - Buying property with super funds

00:15:40 - Using super for property investment

00:18:25 - SMSF property investment benefits