SMSF PROPERTY INVESTORS HAVE JUST DAYS TO BUY USING THIS STRUCTURE – NATHAN BIRCH OF B.INVESTED

# INVESTMENT GURU WITH A PERSONAL PORTFOLIO OF OVER 380 PROPERTIES HAS WARNED HIS CLIENTS TO MOVE FAST BEFORE LENDERS ACT ON SMSF REFORMS

# PURCHASING THROUGH AN SMSF RESULTS IN JUST 15% TAX ON INVESTMENT GAINS & YOU PAY ZERO TAX AFTER YOUR TURN 60

# BANKS RARELY WAIT FOR LEGISLATION TIMEFRAMES TO BE FINALISED BEFORE WITHDRAWING OR TIGHTENING LENDING CRITERIA

# BIRCH CLAIMS THAT NEW SMSF REFORMS FORM ONE OF THE TOP FIVE DISASTEROUS FINANCIAL CHANGES WE HAVE SEEN

Property investor and B.Invested founder Nathan Birch says those with established SMSF's likely do not have even 30 days before this structure is wound up following Government reforms, instead, they have mere days to add to their portfolio's as it is financial institutions that will act first and adjust their lending policies.

"History shows banks rarely wait for legislation reform timelines to pass before adjusting their lending policies," Birch said.

"If lenders begin withdrawing SMSF loan products or tightening lending criteria, investors who were planning to purchase property through their super fund could find themselves locked out almost overnight."

According to Birch, investors who have already established SMSF structures in place should urgently seek professional advice from their financial advisers on how soon the changes may affect them.

"The biggest risk for investors is waking up to find your preferred lender has stopped writing SMSF loans altogether," he warned.

"Once lenders start pulling products from the market, opportunities can disappear very quickly. Investors need to understand that access to finance is often the first domino to fall."

Birch cites a client of B.Invested, Michael Pritchatt, who has a portfolio of 25 properties and is currently purchasing a further six properties in coming days before lenders start to slam the door to SMSFs and the 15% tax on SMSF-held investment gains is no longer on the table.

In a recent interview, Birch called the government's SMSF reforms one of the top five financial disasters we have ever seen.

"The first one was the central bank's creation in 1913. Then came the Gold Confiscation Act of 1933 where US citizens and businesses were required to deliver most of their privately held gold to the Federal Reserve in exchange for paper currency.

"In 1971 there was the crash of the Bretton Woods system and the creation of the petro-dollar, followed by the 1992 recession 'we had to have' which happened all over the world. And that was when they started pushing big time for the super fund."

Birch is well known for securing below value properties for his clients that are cash positive and under the $300,000 mark.

TO INTERVIEW B.INVESTED FOUNDER NATHAN BIRCH: email marta@marksonsparks.com or call Marta Wiacek on 0409 291 785 or email max@marksonsparks.com or call Max Markson on 0412 501 601.