Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

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In this episode, we’re once again joined by Nafees Huda, Chartered Accountant and Partner at KHI Partners,alongside financial expert Roger Wheelahan from Smart Start Financial, back together to demystify one of the most powerful (and misunderstood) tools in a doctor’s investment toolkit: the self-managed super fund (SMSF).

They break down why so many doctors rush into SMSFs without a clear plan, what a properly structured SMSF actually looks like, and how to invest in property through super without triggering tax or compliance headaches.

They also explore how doctors can use their SMSF to lease their own medical rooms, why the ATO holds you personally responsible for any missteps, and how having the right professional team can turn your super into a serious wealth-building strategy.

If you want to make smart financial decisions that could save you thousands in tax and set you up for a stronger retirement as a medical professional in Australia, then make sure to listen to this episode.

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TIME STAMPS:

00:00 Hook/Introduction

02:42 What is SMSF, and why is there an SMSF

06:54 Where to find the best advice for SMSF

09:04 Importance of a Financial Planner when setting an SMSF

10:33 Should and should not get an SMSF for

13:14 Using SMSF to invest in a property or the stock market

20:22 Structuring SMSF

28:18 Purpose of getting an SMSF

33:21 Case study

36:40 Importance of numbers

39:20 SMSF is a tax-privileged structure

43:19 Transferring assets into an SMSF

45:26 Conclusion/Outro

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SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

https://khipartners.com.au/

https://www.linkedin.com/in/nafees-huda-42671040/

https://www.linkedin.com/in/roger-wheelahan-8ba53149/
https://smartstartfs.com.au/

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LISTEN TO THE PODCAST:

Spotify: https://spoti.fi/3FoBRAy

Apple Podcast: https://apple.co/4iks50N

Amazon Music: https://amzn.to/3DoyJnP

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FIND US HERE

Website: https://ifdgroup.com.au/

Facebook Group: https://www.facebook.com/groups/investingfordoctors

Facebook Page: https://www.facebook.com/investingfordoctors

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DISCLAIMER

The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.