Sam Saad

Yeah, that's a good question, Craig.

Look, a lot of people can easily make a mistake on this point.

You need to be very careful as to when you set up the trust, especially when you're buying commercial property.

If you're buying in different states, there's different points when you need to set up the trust.

For example, in New South Wales, you need to set up the trust after the contract, but in Queensland, you need to set it up before or on the contract date.

So sometimes that can catch people out and they can be caught up for double stamp duty issues if they're buying commercial property.

So it's really important you speak to either your lawyer or your accountant before you choose to buy it because they'll tell you when you need to set up that trust.

Yeah, look, Craig, one of the biggest benefits of investing in your self-managed super fund or setting one up is it allows you how to invest your super in the future, as opposed to having your funds in a regulated super fund by someone else where they choose where to invest your monies.

It can allow you to have a higher return on certain investments that you may think are better in

particular commercial property.

One of the strongest cornerstones in Australia is our commercial property market and that allows you to grow your assets in a much faster path on the way up.

One of the second benefits is limited recourse borrowing.

Basically, what this means is that if there are any issues or liabilities that arise with one property, that won't affect any of your other properties that are held in your self-managed super fund.

That's one way to protect your assets and make sure that all your other assets are not protected if there's one lemon in all of your properties that you hold.

Yes, absolutely.

You can, but there are strict limitations around it.

One of the things, all the terms of your lease in place need to be at arm's length.

You can't rent your own property, however, if it's a residential property.

So you can't buy a residential property through your self-managed super fund.

and rent it, but with a commercial property you can.