Australian Property Investor Magazine --- Page: 38-39 : January 2008 Original article by Julia Hartman
LexisNexis Summary
There are pros and cons to holding a rental property in an Australian superannuation fund. On the positive side, super offers a high level of asset protection. Also, super fund profits are taxed at 15 per cent, while any capital gain is taxed at 10 per cent. On the negative side, super funds cannot borrow to invest. It is not possible to claim a tax deduction for interest on money borrowed to contribute to a fund. Funds cannot be accessed until the investor is at least 55 years old.
