national rental affordability scheme

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NRAS Property

NRAS Property

 

 

At NRAS Property Tax Specialists we work with you to ensure that you:

  •     Don’t purchase an over priced NRAS property.

 

  •     Purchase a NRAS property that will be tenanted the very next day after purchase.

 

  •     Make sure you have the right loan type that you require.

 

  •    Understand the differences between purchasing via different consortiums and what to look out for.

 

  •     All the necessary research has been undertaken to determine your likely projected capital growth, rental yield etc.

 

  •     You purchase in the correct investment vehicle that will help you achieve your long term and short term investment, wealth creation and tax minimisation goals and strategies.

 

  •     Ensure that you receive all the benefits that you are entitled to.

 

  •     Use a solicitor in the purchase who is an NRAS Property specialist.

 

  •     Make sure that your NRAS property is managed by an Approved NRAS Property Mananger.

 

  •     Complete all the necessary documentation so that you receive the benefits of the NRAS Property Incentive in your pay from week to week.

Call Us Now At NRAS Property Tax Specialists

NRAS Property Tax Specialists

On 02 9540 3866 or 0404803276

 

 

NRAS Property – Affordable Housing

NRAS is a government initiative to create affordable housing financed by property investors. The reasoning behind the NRAS scheme is to offer tax free incentives to investors who build and rent out approved homes at a charge that is less than 20 percent of the market rate, to Australians on either a low or moderate income.

Via this scheme the Australian government hopes to reduce the affordable rental housing deficit. The incentives are anticipated to encourage the provision of affordable housing to eligible tenants by;

  • NRAS PropertySupporting larger scale investment in affordable housing

 

  • Driving down rental costs for households on low to moderate incomes

 

  • Boosting the number of affordable dwellings to  rent

Good Investment Option

This is a good option for potential investors as this a government backed incentive but there are specific and rigorous guidelines to be eligible for these incentives. Investors who invest in the NRAS housing scheme will profit from the yearly NRAS incentives, good rental returns plus capital gains. The main differentiating characteristic of NRAS housing properties from other established residential property investments is that the NRAS property incentives provides greater cash returns to investors rather than receiving the market value.

Further Reading

The Community Housing Federation of Australia hosts a very good website at; http://www.chfa.com.au/resources/nras

The Department of Families, Housing, Community Services and Indigenous Affairs website can be located at; http://www.fahcsia.gov.au/Pages/default.aspx