investing in your kids future | NRAS 4 South Australia

NRAS Property Investment in Adelaide South Australia and investing in new property

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Investing in your kids future…Leveraging your equity to get them started with NRAS

Written on October 4, 2012 by NRAS 4 SA in Property Investment

In the past people thought about building an inheritance for their kids but more recently they think more about spending it and enjoying life to the fullest. We now think you can have the best of both worlds thanks to NRAS. If you have significant equity in your own home now and have kids earning…

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Disclaimer: The Government incentives are $7,763 per annum and $2,587 per annum from the Federal, State and Territory Governments respectively (totalling $10,350). The Government incentives are provided under the National Rental Affordability Scheme (NRAS) to those who build and rent new homes to low and moderate income households. A purchaser of an NRAS Approved Property will agree to rent the property at least 20% below market rental rates and only rent the property to approved eligible tenants. The incentives are in the form of refundable taxation offsets or non-assessable income subject to the condition of NRAS. The Government incentives are indexed to the rental component of the Consumer Price Index (CPI) each year. Based on expected CPI adjustments over the ten year period, it is expected the incentives over the entire period will be in excess of $120,000.