Nras as an investment
Hi Dolby
NRAS is a great strategy giving you tax credits and state govt $ for 10 years - this year approx $11,000 - and increasing each year. It is more a long term investment to get the most gains - you have a new property (or close to it) great depreciation, tax...
Rto
I finally recieved my rto from horizon - yesterday - so hopefully you will get yours soon also! I know the frustration you are feeling and the pressure it has been financially - hopefully this f/y will be quicker but I am expecting it to be late in the year around November before we get...
Rto
We are also still waiting - our property is at the Gold Coast also - it has been 10.5 weeks since we got the email saying we were approved for payment and we are still wAiting!!!:mad:
Rto
Hi northy
We have 3 NRAS titles that we can claim this coming financial year. We purchased a dual NRAS last year - tenants in approx June 14 so we should have a great return come 14/15 fy. Expecting $25,000 from NRAS rebate - plus our normal refund on our 3 other standard investment...
Nras
Hey Northy,
Did you get the money directly off horizon or the govt? We are also going for the dust to settle and get our buffers a bit healthier then go again - by the beginning of next year also. Once it is sorted out I think we should have smoother sailing! :)
Nras rto
Still no news - no email or any communication! Northy85, have you recieved the money yet? It will be the next financial year and we will have to start again but next year I have 3 x nras properties to wait for not just the one - hopefully this mess will be sorted by then
Nras payment
That's great news - fingers crossed we are in line also - got an email saying they had no further details but expect to hear through the week coming - maybe ???
Frustrated
Hi again
I have sent 4 emails with no reply, I am going to call them today and probably get the same answer or blow off as you did but I figure if we keep at them it has to be finalised soon?
I wonder how we would go as a group action against the govt? Probably not well but it...
rto payment
Disgraceful, fingers crossed it will be quicker next financial year - our offset has been depleted from this disgusting game the govt has been playing - good luck all
Nras
Hi northy85
I have been in constant contact with Hayley - I sent another email last week to check again after your post on here - I haven't had any issues at all apart from not knowing who to talk to with all the changes in the company - it really is a set and forget property in Nerang...
Nras - horizon housing
Hi Northy85
We are also with Horizon and have recieved no word on approval - just a letter to say be patient - but I think I have just about run out of that
Did you get a letter by mail or an email ?
Regards Sharon