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NRAS Queensland

Do Not By An NRAS Property in Queensland Until You Seek Professional Advice From A Team Of Experts Who Will Ensure That You Choose The Property That Will Have Strong Capital Growth, High Rental Yields, Large Tax Deductions And You Receive All The Incentives That You Are Entitled To.

NRAS Property Tax Specialists – NRAS Queenland can help you through this complicated process. We are a team of accountants, tax advisors, financial planners, lawyers, mortgage brokers, property managers and NRAS Consortiums who here to help you.

Call NRAS Property Tax Specialists – NRAS Queenland

NRAS Tax Specialists

on 0404803276

And We Will Help You Build

Your NRAS Property Portfolio.

The Incentives for NRAS Queensland

The State and Commonwealth Governments have mutually set up a scheme to help address the rental problems throughout Australia. This scheme, the National Rental Affordability Scheme (NRAS), anticipates that roughly 50,000 new dwellings will be available to be let out to low to moderate income families and individuals right across Australia. The Commonwealth Government has recognized that around 1.3 million households nationwide are qualified for NRAS and approximately 200,000 of these households are living in Queensland.

The NRAS Queensland scheme gives out annual incentives and the current value of these incentives is:

$7,143 per home every year as a Commonwealth Government incentive.
$2,381 per home every year as a Queensland State Government incentive.

The Government’s subsidy is given to investors who rent out their properties, to eligible householders on low to moderate incomes, for at least 20 percent below the market rental rate for the duration of the 10 years.

NRAS Queensland

Queensland NRAS Contributions in Advance

State and Territory Governments may provide their contributions to the National Rental Incentive for future years in advance. Contributions may NOT be deferred.

Contributions in advance are based on the minimum contribution in the year they are paid. For example, for the first NRAS year 1 July 2008 – 30 April 2009, States and Territories may provide their entire 10 year contribution by paying or making an in-kind contribution.

Other Incentives Available

In addition to NRAS Queensland, did you know that as an investor either buying or constructing a new property which is worth less than $600,000 in value, you may be able to get your hands on the Queensland Government’s $10,000 Building Boost Grant?