Category: BUSINESS

Using Super to Buy Investment Properties MelbourneUsing Super to Buy Investment Properties Melbourne


For many first-home buyers,Using Super to Buy Investment Properties in Melbourne Here is an attractive option because it allows them to save for a deposit faster. This is because the first $25,000 of contributions each year into a super fund are taxed at 15%, rather than the normal marginal rate, and both compulsory and voluntary employer contributions count toward this limit.

What are the disadvantages of super?

However, there are many factors to consider when using your SMSF to purchase an investment property, and it’s important to understand the pros and cons of this strategy before pursuing it. If you’re thinking about buying investment property through your SMSF, it’s a good idea to consult with an independent tax accountant or financial adviser to make sure it’s the right move for you.

Using SMSF funds to buy property can be expensive. The cost of setting up an SMSF is around $1,000, and you’ll need to pay legal fees, insurance, a bank fee and building and pest inspections, which can add up. This is on top of the property’s purchase price and ongoing maintenance costs.

Also, SMSFs have limited borrowing capacity outside of super, which can restrict the amount you can invest in property. There’s also the risk of your SMSF not meeting the sole purpose test, which could see you lose your tax concessions and future super growth. It’s also worth remembering that your super is locked up until you retire or turn 65, so the money can’t be accessed until then.

Advantages and Disadvantages of Metal StaircasesAdvantages and Disadvantages of Metal Staircases


metal staircases

Staircases are an important aspect of most building designs. They connect levels of a structure and make navigating the premises easier and safer for everyone in the building. They also serve as the main focal point of any room or outdoor space and can create a sense of style, sophistication, and elegance. While there are many options for stair construction, metal staircases offer unique advantages in terms of design and durability. This link

Metal staircases can be crafted in a variety of styles and are perfect for any home or business. Whether they are straight or curved, they can easily blend in with any aesthetic, while offering durable construction that will last for years.

Commercial Metal Staircases: Functionality and Aesthetic Appeal

The most popular materials for metal staircases include steel, aluminum, and wrought iron. Each has its own benefits, but steel is considered to be the ideal material for these structures because of its strength and ability to withstand heavy traffic. It can be shaped and welded into different designs, and it can also be coated to prevent corrosion and wear.

Steel staircases are durable and can withstand heavy traffic, but they may experience issues with rust over time. Rust occurs when the stairs are exposed to water or other corrosive elements, and it usually forms in places that are most likely to be touched, such as seams and corners.

Rust can cause the stairs to deteriorate quickly and may even crack or break. It’s essential to address rust issues on the staircase as soon as possible to avoid expensive repairs and replacement costs.