Investors MUST read this! NON - NRAS APPROVED PROPERTY TAX PAYABLE TAX SAVING TAX REDUCTION CASHFLOW
$14,903 $6,772 31% Neg -($104) p/wk
NRAS APPROVED PROPERTY TAX PAYABLE TAX SAVING TAX REDUCTION CASHFLOW
$4,954 (after NRAS add-back) $17,455 ($9524 NRAS Rebate) 81% Pos $29 p/wk (increases over time)
WHAT IS NRAS? NRAS is short for National Rental Affordability Scheme. The NRAS scheme is a Federal and State Government backed incentive scheme launched in 2008 which is designed to encourage investors to develop additional new houses for the rental market and provide an affordable rent program for average Australian wage earners as individuals, couples and families. The government aims to achieve this by providing a tax incentive for investors in NRAS properties in return for the properties being rented at a discounted rate. The NRAS scheme is not housing commission or social housing. Owners of NRAS Properties will continue to get the tax incentives for ten years from acquisition.
SCENARIO Peter earns $75,000 per year and his wife Michelle works part-time earning $30,000 per year. They have two children and own their own home valued at $500,000 with a mortgage of $280,000. They purchase a house and land package for $350,000 and the completed house has a market rental income of $350 per week. The interest rate on their loan is 6.79%. If Peter and Michelle don’t purchase an investment property they pay more tax and don’t have the wealth opportunity that an investment property offers. If they choose a non-NRAS property investment property they will need to reduce their living expenses to accommodate their investment. Choosing an NRAS Property gives Peter and Michelle huge tax savings, they don’t have to adjust their lifestyle because the property is cashflow positive, and they have the future wealth opportunities from the growth in value of their investment property.
WE HAVE A SELECTION OF NRAS APPROVED PROPERTY 3 Sunset Ave, Beerwah
14-18 Bade Street, Nambour
OPEN SATURDAY 1-1.45PM
Reduced to just $339,900
Reduced to just $349,900
• Spacious 3 bedroom townhouse with 2 bathrooms plus powder room & SLUG • Close to bus and rail links, schools and shops • NRAS Approved and Fully Complete.......buy today and have a secure tenant in place immediately • Only four remain.......Start your investment portfolio today.....call us NOW
• Spacious 3 bedroom townhouse with 2 bathrooms plus powder room & DLUG • Close to transport links, schools, shops and Nambour Hospital • NRAS Approved and Fully Complete.......buy today and have a secure tenant in place immediately • Only six remain.......Start your investment portfolio today.....call us NOW
Call us on
07 5456 0235
Russell Dell 0400 409 000 David Hedley-Ward 0406 011 123
4/2/2012 2:15:30 PM
Published on Apr 2, 2012
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