SMSF Property Asset Valuations
Our expert team can assist with valuations for commercial & residential property assets in a self-managed super fund (SMSF).
Taxation
Opteon valuers can also provide valuations & advice for capital gains tax, stamp duty, GST margin scheme reconciliation, audit & tax depreciation schedules.
Advisory
You can contact Opteon for pre-sale & pre-purchase property valuations, rental review & lease consultancy, & specialist sector advisory services.
Property valuations for Self-Managed Super Funds (SMSF)
You may need the services of an independent valuer to show the market value of a property asset in a self-managed super fund financial statement. By engaging Opteon, you can be assured that you have the right market value no matter the property type, or location across Australia.
To get a regular update on the market value of a property, take advantage of Opteon’s SMSF property valuations and advisory services. We can help you keep informed of the market value of the property over a three-year period at a competitive rate. Talk to us today about how we can help you.
Opteon proudly sponsored the SMSF Association National Conference 2018
Visit the SMSF Association website for more information
Opteon proudly sponsored the SMSF Association National Conference 2018
Visit the SMSF Association website for more information
When is a valuation of a property required for a SMSF financial statement?
If you have property assets in a SMSF, or are advising clients who do, you may be required to schedule regular independent valuations of the property from a qualified valuer. Opteon provides valuation services for all property types, including commercial, industrial, retail, residential, agribusiness and rural, and unique real estate assets.
SMSF managers must prepare annual financial accounts and statements. For the purposes of these accounts, property in a SMSF must include the market value of the asset. A valuation provides objective and supportable data that can be used by the auditor of the SMSF to sign off on the financial statements. With over 500 valuers across Australia, Opteon can provide a valuation, prepared by a fully qualified professional who specialises in your specific market. The market value is determined in accordance with the International Valuation Standards and API (Australian Property Institute) Standards.
How often do you need a property valuation for a SMSF?
Superannuation advisors recommend an external valuation of any property assets in a SMSF every three years. In most instances, for the two years in between, Opteon can conduct an AMA (Analysed Market Assessment) to determine the property’s value and provide a written report.
Opteon’s valuation services will assist you to comply with the SMSF rules and Australian Tax Office (ATO) guidelines. You may require the services of a valuer if a property asset represents a significant proportion of your fund, or if the property is a complex asset which requires more detailed analysis.
A valuation may also be required where the value may have materially changed, or an event has occurred which could impact the value of the property. This may include a shift in property market conditions or a natural disaster. Changes to your personal circumstances, such as commencing a pension, may also necessitate an updated valuation.
What are the benefits of engaging Opteon for your property valuation?
Opteon is a valuation, advisory and specialist property services company providing you and your clients with:
- Trusted, independent advice on the valuation of a property asset from a qualified valuer
- Confidence that no matter the property type, or the market conditions, we can provide specialist property advice
- Our network of over 500 property valuers are experts in their local markets, with in-depth knowledge and experience across all metro, regional and remote areas of Australia – we have the greatest coverage of any valuation firm in Australia
- Expertise across all property types including commercial, industrial, residential, rural and unique real estate assets
- Robust risk and compliance procedures
- Easy access to cost efficient valuation services
- Commitment to working with you to provide the best advice.
Talk to us today for more information about our valuation services. For more information about SMSF please visit SMSF Association.
Disclaimer: Opteon does not provide accounting, specialist tax or financial advice. Opteon’s valuers are qualified, experienced and certified to provide market value valuations of your property.
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