ImageDate: 26th February, 2008

Speaker: Pat Mannix, Gatherum-Goss & Assoc.

Topic:
Gearing Property in Super

Since September 23rd 2007 the Superannuation laws have changed to allow Self-Managed Super Funds to invest in property with a loan but it must be done by a specific package called an instalment warrant. By entering into this arrangement there are excellent asset protection and taxation benefits and those who like to invest in direct property will need at least $120,000 in combined super to take advantage of the warrant.
 
I have been an Accountant since 1991 and been running a tax/accountancy practice since 1997. I have always dealt with clients with investment properties and practice what I preach with an investment property portfolio.

I stumbled across Gatherum-Goss & Assoc. in May 2007 and immediately became the preferred buyer for Dale Gatherum-Goss' practice. With my knowledge of trusts, property and self-managed superannuation funds (SMSF) Dale realized that I was the right person to carry his business on. I took over from Dale on the 1st of July 2007.

Gatherum-Goss & Assoc. has historically had only a few clients with SMSF whereas the expertise that we bring regarding SMSF will give our clients the confidence that they are dealing with tax consultants that know the
SMSF field exceptionally well.

I write for Australian Property Investor magazine, further carrying on Dale's legacy, and my article on SMSF Property Warrants in the December edition is the focus of my discussion.

www.gatherumgoss.com