SMSF vs. Industry Super: Is a Self-Managed Fund Worth It?
I’m thinking about setting up an SMSF to buy a small warehouse for my business. Is it too much paperwork?
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I’m thinking about setting up an SMSF to buy a small warehouse for my business. Is it too much paperwork?
It can feel paperwork-heavy at the start, but an SMSF buying your business premises can be a very effective long-term strategy if structured properly. There are compliance rules, borrowing considerations, annual audits, and strict separation between personal and fund assets, so you definitely want expert guidance. The key is getting the setup right from day one to avoid costly mistakes. I’d speak with a specialist Accounting Firm that understands SMSFs, property, and business structuring so you know exactly what’s involved before committing.