Invest in a PISA NRAS approved property can provide you with a powerful tax and financial benefit.  NRAS properties are located within areas with high rental demand, often with above average rents.

NRAS (National Rental Affordability Scheme) is an Australian Government Initiative, which offers annual incentives :  Two key components are:

• The Commonwealth Government offers an incentive indexed for 10 years and currently at $6,855 per dwelling per year as a refundable tax offsset or payment.
• A State or Territory Government incentive indexed for 10 years and currently at $2,285 per dwelling per year in direct support.

This incentive is offered annually on the condition that throughout the 10 year timeframe the dwelling is rented at 20-25% below market rent to eligible low and moderate income households.

BENEFITS TO THE INVESTOR:

• Tax free income indexed for 10 years
• Tax offsets indexed for 10 years
• Tax deductions on interest payments
• Tax deductions on property depreciation
• Potential negative gearing benefits and positive cashflow at the same time
• A newly built property with limited maintenance requirements
• A choice of properties available throughout Australia
• Rental Management co-ordination

For further information, including terms and conditions, contact Mazie Poole on 0412 391 381.