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Self Managed Super Funds (SMSF) has become very popular in recent times. These funds differ from conventional funds in that the members of an SMSF are its trustees, and they run the fund for their own benefit. Apart from this greater control that these funds offer, SMSF funds offers a host of other advantages. These funds make it possible to borrow safely through non-recourse loans. It also offers tax benefits, such as only 15 percent tax on net rental income, and zero capital gains tax for investors above 60 years of age.
However, just because SMSF are self-managed, it do ...
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