In 2008 NRAS was legislated and 50,000 new homes were approved to provide housing to middle income earners with rental discounts from 20% to 25% depending on the provider. This is a Government program to address housing shortages by giving Mum and Dad investors taxation incentives from the ATO and tax-free cash payments from the participating State and Territory Governments.
Click here to open the link to the Government NRAS website. Their website contains everything you need to know about the scheme
Click here to open the link to the Government ATO website. Everything you need to know about the NRAS Refundable Tax Offsets
Watch this short video to find out how Empower works and how we can help you to achieve your financial goals.
Every day Empower Housing is showing all types of property investors how they can reduce their income taxes using Property (and not just any property), NRAS Refundable Tax Offsets, Negative Gearing Taxation Benefits & Government Tax-paid Cash payments. You can start straight away!
Disclaimer: Accessing and using any information from this site is on the condition you read and agree to the following. Before making any financial commitment to any property you should seek professional advice from a qualified and registered financial advisor. While every attempt is made to keep the information accurate and current, this site should be used to locate properties of interest to carry out further investigation as to the viability and suitability of the investment property to your personal situation. Indicative returns on investment are just that ‘indicative’ being based on information provided from third parties in regard to sale price and expected rent to be obtained. They are not deemed to be the final return once all other costs e.g legal fees, stamp duty, rental fees, utilities connections and the like associated with buying a new home are added in. Using links from this site to other web sites and the like means you are accessing information from sites we have no control over, we will not be held liable for any loss incurred from the use of information from this site and outbound linked sites. Management of Empower Housing Group and Empower Housing Group WA April 2014.