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yes the 5% is deductable its effectively a property management fee

i have a 3 bed home in hobart tassie $280k purchase price rent is $240 plus nras management fee is 10% of discounted rent and annual fee of 5% of nras no other fees

In tassie properties have highest growth rate in all capital cities thru out australia over last 10 years ave 12+%pa Lowest price of all capital cities price from $240,000 vacancy rate less than 2% You can get cash benefits now from your non-cash deductions by using a form better known as a...

The tenants most definetly are different. In Qld the tenants have to come from the Housing Commission register. In Tas anybody is eligble based soley on the federally set income levels. In tas wages are signifcantly lower so nearly all the population qualifies to be tenants!!! I doubt...

i think its all about the head lease. The banks are concerned with how they gain vacant posession in the event of the borrower defaulting becuase effectively they have leased it out for 10 years. Plus the PR doesnt look good when they are seen to be evicting a tenant becuase the porperty...

nras in tassie We have had no problem financing nras dwellings in tas and we have used all the major lenders to date. The banks panel valuers consider homes in Tas with NRAS have a increased value in excess of 10% compared to a traditional home, which is good news for purchasers.

I dont think there can be any arguement the reduction in rent will increase the loss therefore will improve the tax effectivness of the investment The LVR ratio available is a different matter.

There is no doubt with the benefit of hindsight the govt could have handled the introduction of NRAS better. There has never been any doubt that the NRAS incentive will be withdrawn, There was difficulty with Everybobdy has their own particular likes and dislkies to investing in property and...

There is no question about whether NRAS incentives will be paid. There was confusion about how the property owner would receive it in tax free format which is what the govt wanted. This has now been resolved albiet temporarily

NRAS In Tassie Starting prices of $240,000 with rents of 224 pw plus NRAS are available in Tas. Its not common knowledge but hobart had the best capital growth over the last 10 years in Australia.