Case Study – Self Managed Super Funds (SMSF): acquiring residential property Scenario: Cathy, a 40 year old nurse, Paul, a 45 year old air-conditioning installer has recently investigated purchasing an Investment Property. Cathy was shown a new holiday letting unit on the Gold Coast for just $320,000 They cannot afford to buy it with the little equity in their current home. They have few other assets, although she and her husband both make a very good money. However Cathy has  $150,000 in her super fund, Paul has $45,000 in his super fund. The couple roll their super into a SMSF and make use of their annual 9% contribution. They use their joint super (now worth $195,000) to invest, using their own SMSF. Facts: SMSF lends their super fund $155,000 their SMSF pays the balance including all the usual transaction costs including stamp duty the rent from the unit is now helping fund their retirement all future gains in the value of the property are concessionally taxed