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You can read posts elsewhere on the forum, explaining why this years credits have been delayed :) It's Uncle Tony and Uncle Joe playing politics. Nevertheless, for the moment the best idea is lodging a tax return , getting the neg gearing refund, and then lodging an adjustment when the...

I guess they "could" . But I guess they "could" change neg gearing, CGT or any other tax law tomorrow as well :) Point being - tax legislation ( and lets be clear, NRAS is a tax initiative) IF it is changed, is not usually applied retrospectively. The treasurer had his chance at the...

If you were to do a quick calculation on a 400K property that gets $400 per week today, and assumed 4% compounding increases to market rent were to occur ( rental CPI has averaged 5.2% since 2008 so 4% is a conservative figure to use) you'd be receiving $575 per week after 10 years. That...

I believe he's talking about one of the dual occ properties at 13K ( and that being a result of additional rental discounts) not both combined. Also, my previous post used a 260K property as the example - as the OP was looking for examples of how to generate $400 net per week from $100K...

The issue is simple - but complex. Stay with me here :) The NRAS 2008 legislation (prior to being amended in August 2014 to fix this issue) required that the formal market rental valuation reports , which are prepared by licensed valuers and which are required to set the market rent for...

I can't personally guarantee what any consortium will or wont do, but NRAS commenced in 2008 and I'm not aware of any consortium doing the dirty on anyone.. Last years credits have been held up by Govt, while they await a number of valuation amendments and other administrative fixes -...

It can only really be achieved via dual key apartments or dual occupancy ( either attached or detached dwellings) house/land. Dual key apartments present LVR issues and potentially present val issues. Dual occ house/land present val issues and potentially LVR issues. Have seen several...

Yes, the ROI on a dual occ up to @700K can be worth @ 2.5 x the return on a single NRAS worth @ 400-450K. That's spectacular, but it requires finding the right one. The alternative is to shoot for 2 x 300Kish stock and replicate the numbers ( or very close to ) that way

You're talking about double NRAS? ie dual key or dual occupancy? Yes, a few floating around but vals are always challenging on dual occ- irrelevent whether it's NRAS or not. And dual key, LVR restrictions.... whether its NRAS or not

And who says NRAS is hard work? :) Once again - those who THINK they know may offer all kinds of criticisms, but those who DO know ( because they have done it and done it right ) have positive feedback to offer... The secret has always been, and will remain - as Redom has said earlier -...

Not quite correct :) Legislation was amended in Nov 2014. Now looks like this... The NRAS incentive will be proportionally reduced for vacancies greater than 13 weeks (91 days) and less than 26 weeks (182 days) in an NRAS year. However, if the dwelling is vacant for longer than 26 weeks...

Depending on the NRAS consortium, it's as simple as signing up to the NRAS consortiums agreement and you will receive the tax credits for the period you own the property.