Not really, I knew it was going to come eventually. Now need to find some time to do my tax return and claim it, hopefully next week. This financial year it will make absolutely no difference as I have amended my PAYGW.Must be such a relief VaSSagO........a bit like a lottery win with NRAScals......hoping my certificate will soon be drawn out of the NRAScals hat.......
DUH......we all think its "going to come eventually" until it doesn't!!!!......Unfortunately for us, NRAS is in control....(no matter what you think you knew).....that's the issue. On a positive note i'm sure you will get the relief....a simple adjustment of $$ should do the trick.Not really, I knew it was going to come eventually. Now need to find some time to do my tax return and claim it, hopefully next week. This financial year it will make absolutely no difference as I have amended my PAYGW.
A nice relief would be getting all of my rentals (5) currently under construction rented!
Hi again,We had the email saying we have been approved and queued for payment - that's a month ago - with horizon - very frustrating
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 ???hey,
I received and email last night with the payment receipt for one of my two properties. They have bundled both the state and federal amount together and given me the full $10300 in one hit. hopefully this means that everyone from horizon will get sorted out within the next 7 days or so. Good luck with yours.
Hey Sharon,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
Hey Northy,Hey Sharon,
Yes I received one lot of NRAS money about a week ago. It came as a $10300 payment, so they are paying the state and federal amount in one hit. I haven't had any information on my second NRAS property though. I really hope they pay us quickly next time as my wife and I are looking at another IP at the end of this year. We were looking at shares but are now going to stick with what we know. Fingers crossed this mess gets sorted next time.
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!
I got it off horizon. That is how it has been in previous years as well. Where are you looking to purchase? We are looking at <10km from brisbane Cbd northside. It's gone flat again in some good suburbs there and with any luck will stay that way for a few more months. Are you holding 3 NRAS properties now? I really like them for the cash flow and how you can pretty much get a cash deposit together every 18 months or so from them. Have you got a long term plan for the properties? I don't want to ever sell them as I think they will be positive geared after the 10 years runs out.