Super Tax-free Property Profits
Super-charge your super's recovery from the battering delivered by the GFC by taking advantage of the new super borrowing rules. Have more control and make your super work harder by using a loan (and your super) to invest in direct property.
Gearing (borrowing) alone can make a huge difference to your super balance in the long run. Gearing at a conservative level of say 60% on a balance of $200,000 will boost your super balance in 15 years by 53% compared to a zero gearing level (assuming equal investment returns, $12k per annum in contributions and an interest rate of 7.5%). That is, without gearing you’ll have $930,000 versus $1.4 million (in today’s dollars).
In addition, perhaps you’ll feel more comfortable with the ability to invest some of your super in a blue-chip property (when and where you like). Property has shown a lot of resilience lately. That is not to say it’s invincible, but property is less volatile – mainly due to the entry and exist costs (discourages short-term speculation).
Two government announcements in the past few weeks have provided more certainty with respect to these borrowing rules. Plus we have seen legal and bank set-up costs reduce. Now is a perfect time to learn more and optimise your super. With the (previous Rudd) government's proposed increase in compulsory contributions (to 12%), more of your money will be going into super so don’t let fund managers whittle it away in fees and poor returns.
Stuart Wemyss will be hosting a seminar in Melbourne at 10am on Saturday 24 July 2010. At this seminar you’ll learn:
- A simple and practical demonstration of how the super borrowing legal structure works
- Top 5 common errors that could cost tens of thousands in double stamp duty or CGT
- Who are prime candidates who must take advantage of this opportunity
- 3 different, easy-to-understand case studies on how these super borrowing rules can be be employed to build wealth
- Plus you’ll receive detailed notes to take home
Plenty of questions: When delivering this presentation in the past we have noticed that people have plenty of questions. Here’s your unique opportunity to ask Stuart Wemyss plenty of questions. ProSolution Private Clients is one of the most experienced financial advisory and mortgage broking firms in the country when it comes to these super borrowing rules and we've completed many transactions. Benefit from our experience.
Seats are strictly limited so book now to avoid disappointment.
Where and when?
- Garden Room 2&3, Crown Casino
- 10am - 11:30am
- Saturday 24 July 2010
The investment for this seminar is $66 (including GST) per person.
Complete the form below to book your ticket today.
