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
Connect Jeremy Iannuzzelli: https://khipartners.com.au/about/jere…
Connect Joe Tucker: https://propertyprinciples.com.au/
Join Aus Property Facebook Group: https://www.facebook.com/groups/Auspr…
Join the Newsletter: https://propertyinvesting.substack.com/
SUBSCRIBE: https://www.youtube.com/channel/UC2Hq…
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.