When setting up your Self-Managed Super Fund, we will need to set up 2x entities, one will be your SMSF, with a corporate trustee, that you 2 will be the directors of. This will act as the cash hub for the fund, where your property expenses, accounting fees, and insurance premiums will be deducted from your rental income and Super Guarantee contributions paid into.
The second entity will be a Bare Trust, also with a corporate trustee, the purpose of this will be the name that is used on the contract of sale for the property inside of your super.
Should you be in a position and wish to purchase a second investment property, you will need another cash deposit (unable to use the equity from the first property). Then we would set up another Bare Trust entity.