SMSF CAR STORAGE
Purchasing a collectable car can be a fruitful investment for a Self-Managed Superfund, however there are strict guidelines surrounding the use and storage of the vehicles.
The ATO specifies that:
"Collectables and personal use assets can't provide a present day benefit, so they can't be used by members or related parties. Collectables and personal use assets must not be stored in the private residence of any related party."
Autohouse Storage has official confirmation that it qualifies as an acceptable facility to safely store SMSF investment vehicles. With the sensitive nature of the investment, correct storage techniques and maintenance are imperative to uphold the value of the vehicle. Autohouse has this covered - with a range of additional storage services available.