The Strategy That Turns Your Business Rent Into a Retirement Asset

Want to find out whether your fund could buy the premises your business rents? Book a consult here: https://calendly.com/mortgage_works_l... __ In August, the government banned self-managed super funds from borrowing to buy residential property. The route left standing does something for a business owner that residential never could, because your fund can buy the premises your business trades from and lease them straight back, so the rent going out every month lands in your super instead of a landlord's account. I go through what your fund needs to have in it, using a physio clinic buying a $650,000 suite as the worked example, and the term in the legislation that decides whether a property qualifies at all. __ I'm Lionel Bustamante, a mortgage broker at MortgageWorks in Sydney. I spend my days helping home buyers, investors, and people mid-refinance figure out which loan actually fits their situation. I started this channel because most of what gets said about mortgages online is either too vague to be useful or too salesy to trust. So I make videos about how the Australian lending market works in practice: how lenders assess you, where people lose money without realising it, and what to ask before you sign anything. If something I've covered raises a question, drop it in the comments or get in touch with me through MortgageWorks. – Connect Website: https://www.smsfwithlionel.com/ LinkedIn:   / lionelbustamante   Instagram:   / smsf_withlionel   Facebook:   / mortgageworks-lionel-bustamante-1000928411...   — Video produced by Social Wave https://www.socialwave.com.au — DISCLAIMER: Not Legal, Financial & Taxation Advice. The Listener acknowledges and agrees that: • Any information provided by us is provided as general information and for general information purposes only; • We have not taken the Listeners’ personal and financial circumstances into account when providing information; • We must not and have not provided legal, financial or taxation advice to the Listener; • The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor, including a legal, financial, and taxation advisor and the Listener’s accountant; • The information may not be suitable or applicable to the Listener’s individual circumstances; • We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.