Listen "#006 - DON’T Buy Property In Your SMSF (Until You’ve Watched This) ⚠️🏠"
Episode Synopsis
                            In this episode of SMSF Insider, host Troy, founder of Blue Chip SMSF Services, explores the benefits and complexities of buying property through a self-managed super fund (SMSF). He highlights the potential for gearing, allowing investors to leverage their funds to purchase property, and emphasizes the tax advantages, such as the absence of capital gains tax when selling property in pension phase for those over 60. Troy also discusses the importance of proper execution of the bear trust in conjunction with property contracts and stresses the necessity of consulting a licensed advisor before making any investment decisions. Tune in to learn how to navigate the intricacies of property investment within your SMSF and take charge of your financial future.Ready to finally take control of your take control of your retirement savings and stop leaving your future in someone else’s hands? Book your free call with our team today to find out more: https://www.bcsmsf.com.au/contact-us/Follow us:Instagram – https://www.instagram.com/bluechipsmsf/Website – https://www.bcsmsf.com.auPlease 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 circumstancesTimestamps: 00:00:00 - 00:00:00: Introduction00:01:14 - Benefits of Purchasing Property in SMSF00:02:07 - Understanding the Risks and Limitations00:03:12 - Common Mistakes to Avoid00:05:30 - Importance of Proper Bank Account Setup00:06:25 - When It Makes Sense to Buy Property in SMSF00:07:17 - Getting the Right Advice for SMSF Success                        
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                                    #015 - Busting The Most Common SMSF Myths 💸🧐                                
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