The SMSF Masterclass: The Super Powers of Super – Jeremy Iannuzzelli

Show Notes

Time for the definitive guide to SMSF.

We have never gone deep into the Self Managed Super Fund space because it’s incredibly complicated and

soooooooo……….Damn…….Boring!

Until now!

Jeremy Iannuzzelli isn’t your typical accountant, for 1 he loves property!

He understands the power of leverage and the world of SMSF’s.

Join us as we go step by step on what all this stuff is about and how you may be able to use this vehicle to continue your property investing journey.

Topics we’ll be talking about include:

  • Areas of accounting you aren’t thinking about but probably should such as SMSFs! This one is bound to be juicy and actionable.
  • Why and how an accountant is one of the most vital members of your team.
  • How and where Jeremy is seeing investors move.

 


Episode Highlights

0:53 Quotes of the Week

11:04 Self-Managed Super Fund and Tax Structuring

13:27 Introduction to Jeremy and His Experience

14:23 Crown King Sports Store

15:05 Jeremy’s Property Investment Journey

16:02 Casual Conversation and Conclusion

16:36 ATO Audit Focus in 2023

19:14 Common Pitfalls for Property Investors

21:55 SMSFs and Crypto Investments

23:04 Minimising CGT on Property Sales

25:20 Additional Strategies for Tax Minimization

27:29 Understanding the Six-Year Rule for Principal Place of Residence

29:02 Introduction to Self-Managed Super Funds (SMSFs)

31:21 Understanding Limited Recourse Borrowing Structures

32:14 – Visual Explanation of a Limited Recourse Borrowing Structure

32:48 – Understanding the Structure of an SMSF

36:25 – Key Considerations for Establishing an SMSF

38:09 – Pros and Cons of Self-Managed Super Funds

43:21 – Pros and Cons of Super Funds

47:57 – Timing and Considerations for SMSFs

49:04 – Balancing Costs and Investments in Self-Managed Super Funds

49:24 – Leveraging Property Investments in SMSFs

50:03 – Personal Success Story with Property Investment in Superannuation

50:36 – Strategies for Successful Property Investment in Superannuation

51:37 – Caution Against Risky Investments in Superannuation

52:18 – Importance of Superannuation for Retirement Planning

52:53 – Longevity and Balancing Enjoyment with Financial Security

54:02 – Types of Properties for SMSF Investments

55:10 – Choosing the Right Asset

56:03 – Maintenance and Renovations in SMSFs

57:18 – Renovations in SMSFs

58:11 – Refinancing and Extracting Equity

58:48 – Subdividing Properties in SMSFs

59:52  – Procedure for Buying Property in a Self-Managed Super Fund

01:02:02 – Subdividing Property in an SMSF

01:03:24 – Building Wealth through Multiple Properties in an SMSF

01:04:58 – Key Considerations for Retirement Planning

01:05:37 – Understanding the Goal of Property Investment

01:06:13 – Balancing Strategy as an Investment Savvy Broker

01:08:00 – Importance of Strategy and Involvement in Superannuation

01:10:32 – Living in an SMSF Property

01:11:10 – Rules for Investing in Self-Managed Super Funds

01:13:31 – Foreign Distance Transactions and Buying Property

01:15:26 – Utilizing Profits and Minimizing Capital Gains Tax

01:17:06 – Super Fund and Enterprise

01:18:23 – Limited Recourse Borrowing Structure

01:19:04 Self-managed Superfund World

01:22:31 Understanding Pyg Variations and its Benefits

01:26:50 Cash Flow vs. Capital Growth in SMSF Investments

01:27:45 The Importance of Investing at the Right Time

01:28:55 Considerations for Investing in Superannuation

01:32:10 Unconventional Asset Classes for SMSF Investments

01:33:06 Managing an SMSF with Age Differences and Property Investment

01:34:53 Investing in Property Outside Australia with an SMSF

01:37:08 Staying Compliant with Super Fund Regulations

01:37:29 Conclusion and Acknowledgment

Episode Resources

Other Guests On Our Lives

Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.

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