Self managed super fund is ideal for people who want to take things into their hands. Greater control means greater power over your money. Since you are your own director/trustee, you choose exactly where to invest your superannuation money, which fees to pay, or what insurance to take. With smsf, you have greater flexibility to mix various investments in order to match your needs. And what matters most, you can reduce tax through effective Smsf strategies. Read More →
SMSF is a very popular as well as the fastest growing type of superannuation fund in Australia. According to certain reports, the total number of operating SMSF in Australia currently counts over 480,000. SMSF offers flexibility, giving you options to invest in many different assets which may not be available through other funds, such as specialized managed funds, direct shares and property. This fund differs from other types of funds because the members of SMSF are also the trustees. This generally means that the members of the fund have the ability to manage the SMSF solely for their own benefit and also have full control over the fund.
SMSF Australia is not for everyone, as managing your own fund can be complex. As a director of the trustee company or a trustee you must comply with many laws, regulations and rules. You should think carefully before deciding to set up your SMSF. This is a huge financial decision and you need to have skills and time to run your SMSF successfully. You should also seek appropriate financial and legal advice before establishing this type of super fund. Here are few things you should consider. Read More →
The global housing market has never been more colorful, specifically when it comes to the US real estate. There are statistics that show that international buyers purchase more than $68.2 billion in USA residential real estate across all 50 states. This is more than 6% of total US home sales in value. If you are an international investor, investing in a non familiar marketplace can be daunting. While this simple guide will help you get started, it is best to look for the expertise of an experienced real estate advisor, mortgage broker, attorney and accountant. Read More →