Sam Saad

And that's one of the other benefits is that you can pay rent to yourself, put it in your super, pay it down and have tax concessions in the future from your super fund rather than pay another landlord with rent.

Yeah, look, Craig, running off the previous answers as well in terms of renting the commercial property from yourself,

one of the downturns is that you can't sublet this premises to someone else.

Sometimes this is a limitation.

If you, for example, rent out an entire premises and you find that it's too big for you, you can't go and sublet it to minimize some of your costs.

And the second thing is you have to lease it at market rate to yourself.

You can't negotiate like you would with any other landlords if there was a different landlord that you were renting off.

So that's one of the main downturns of renting a commercial property and your SMSF.

Look, one of the limitations also of buying a self-managed super fund is you can't use your asset if it grows for collateral for future purchases or loans.

And this is once again due to the limited recourse borrowing because you can't pull out equity and go invest it in something else.

It has to stay within that property.

One of the other things is there's lower levels of lending that are provided by our banks because self-managed super funds are sometimes seen as higher risks for banks.

One of the other things as well is that banks have lower levels of LVR, which basically means they're willing to lend lower amounts for properties that are in self-managed super funds because they see it as being a higher risk.

And in turn, this doesn't allow you to pull out much equity in any case for other properties compared to when you buy outside your self-managed super fund.

One of the last cons of a self-made super fund is the setup costs involved.

So you need to have a decent chunk of superannuation in order to make the costs worthwhile.

Morning, Craig.

Thanks for having me back.

Thanks, Craig.

Look, GST is the amount of 10% that's added to the purchase price of a property when you buy it.