The National Rental Affordability Scheme (NRAS) is a combined Federal and State Government initiative to increase the number of affordable dwellings on a nationwide level.
NRAS is proving to be a 'win-win situation' for both investors and tenants, as recently reported by Philip Hopkins in the Sydney Morning Herald (published 27/8/12).
This scheme provides investors with a guaranteed tax offset of up to $9524 per year, for a period of 10 years. In most instances this provide the investor with a positive cashflow investment. The investor has the option to opt out of the scheme at any time and has full control over the tenant selection.
In return, this scheme provides new and affordable housing options for many people, both singles and families, in areas that might otherwise be unachievable to live and work.
Click here to read the full article.
For further details on this investment option visit NRASNewcastle
NRAS is proving to be a 'win-win situation' for both investors and tenants, as recently reported by Philip Hopkins in the Sydney Morning Herald (published 27/8/12).
This scheme provides investors with a guaranteed tax offset of up to $9524 per year, for a period of 10 years. In most instances this provide the investor with a positive cashflow investment. The investor has the option to opt out of the scheme at any time and has full control over the tenant selection.
In return, this scheme provides new and affordable housing options for many people, both singles and families, in areas that might otherwise be unachievable to live and work.
Click here to read the full article.
For further details on this investment option visit NRASNewcastle
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