The Four Benefits of Owning an Investment Property
There are a lot of benefits that you can get if you own an investment property. If you are in the position in doing so then you can be financially benefit from it when you choose super property investment.
The use of superannuation fund to buy an investment property is essential for you to take control of your financial future. For you to clearly see its essence, listed below are the four benefits that you can get in owning super property investment:
Capital Growth
Owning an investment property will let you see a long term growth in your capital. To purchase a property is usually a long term investment. When you tend to buy a property like land, this will increase its value if you start building a house on it. Both the land and the house will automatically increase its value overtime.
Minimise Tax
You can claim any depreciation on the buildings fittings and fixtures and if the building is new or is bought by the plan then you are given the advantage to claim for the minimum amount. Make sure that the property is considered carefully as this can directly affect the investment property tax deduction.
Renting
You can use the super property that you have purchased for renting. One good thing about property renting is it can effectively maximise your cash flow. Your tenants can efficiently compensate your mortgage on the property they have rented. It is an essential idea for you to have a financial planner to help you handle your financial lease.
Secure Investment
Buying super property investment is known to be a more secured investment. This is a better way for you to secure your retirement without worrying too much of your future stability. The property that you have purchased will then be held in confidence and its legal title can be either transferred to the self managed super fund when the entire loan has been paid back or the property may be sold.
To know more about superannuation fund, feel free to consult at Super Investment Ideas, you can reach them at (07) 3282 5027 in Brisbane, (08) 7071 7222 in Adelaide.
Or log on to http://www.superinvestmentideas.com.au/