A popular investment property strategy is purchasing a property with business partners. Often the property purchased is a commercial property and ideally a property being used in the business.
This paper seeks to analyse the pros and cons of purchasing a property with a business partner within various structures. It highlights the particular tax advantages and complexity gained when purchasing with a Self Managed Super Fund (SMSF).
What's in this guide?
- A look at the various business structures and considerations when purchasing a property.
- The advantages and disadvantages of a SMSF owning property either directly or indirectly.
- Considerations of exiting a business and consideration of control factors when owned indirectly by a SMSF.
- An example of how careful planning and advice with the support of an accountant could lead to a more effective outcome and exit strategy when purchasing a property with a business partner.
