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Mate we will have to agree to disagree, as you're being pedantic and are misrepresenting my comments. Further, you are still unable to offer an alternative with any numbers or any sort of plan regarding how to arrive at the OP's desired outcome. This isn't helpful at this stage. We've both...

woh. Slow down there cowboy. I absolutely accounted for the reduced rent. Read the post again. I have not been at all misleading. I use a figure of 6-8K CF+ in every post I write about NRAS, when discussing the net result. I do not use a figure of 10K in that context and never have. You can...

So if you generate 8% taxable, and your marginal tax rate is 32.5% plus medicare, you are actually generating 5.4% after tax. Or on a MTR of 37% plus 1.5% medicare, you generate 4.92% after tax If you generate 10% taxable, and your marginal tax rate is 32.5% plus medicare, you are really...

Dont forget you have a pretty wide selection - 50,000 dwellings uner NRAS

No it doesnt need to stay in the scheme. The scheme is voluntary. If you purchase a property which has been approved for NRAS and decide to live in it you can. No problem. if you decide youd rather rent it at full freight and forego the tax incentives, fine also. If you decide to sell it...

only you can decide that, but if you dont see value in zero out of pocket holding costs, extra tax concessions and extra tax free income for 10 years... not sure what might might you happy? :) As Ive said, banks dont do valuations - valuers do. Banks just order them. ANZ uses Opteon and...

The consortium is simply an Approved Participant for the scheme. Should one cease operations, another will take over the administration of the NRAS on the property. The word "most" would imply more than 50%. You are paying 8% of $9981 as a consortium fee, and getting a percentage of that...

I have one PPOR and 5 investment properties. 2 are NRAS. I intend to purchase 2 more NRAS in the next few months and get rid of my PPOR mortgage inside 10 years. But I didnt have 700K of equity with which to get started... and NRAS wasnt around when I purchased the first 3 ... they are all...

Locko, its probably best we cease this intercourse. You asked an insulting question implying I couldnt explain myself in person or in writing, when I had offered a clear and constructive solution to the OP which you can quite easily confirm with a calculator, a pen, some paper and a little less...

That yield will be taxable. You'll enjoy no tax benefits and no tax free surplus income.

There are two parts; 1. deductible losses to offset your taxable income. 2. NRAS incentives. If you have low taxable income then the losses from owning any investment property will be of little use to you, because you will receive little or no refund on your taxable income But no...

Devank we've had this conversation multiple times You did NOT get a desktop valuation report. You got an ANZ "guesstimate" showing a low end, mid end and high end price range for the townhouse in question. It is not a valuation report. It is a service provided to brokers to give a best guess...

I dont understand where you are getting a 20% rental management fee from? Property management Fees for NRAS are around 6-8% and are deductible. But here's a very simple example. 350K property. Normal Market rent of $350 per week - discounted to 280 per week under NRAS. Im forfeiting 80...

maybe I need to put on a Sydney workshop for NRAS? would anyone be interested in attending something like that?

Ha... really? Have all my hours of posts on here just gone right over peoples heads? :) The concept is extremely simple. CASH FLOW. Buy an NRAS approved property - rent it out at 20% below normal rent. This generates greater losses than a normal investment property, because you are...

How do you figure that? I didnt say I'd reduce your income. I said I'd reduce the amount of tax you pay on that income. Reduced tax bill = larger tax refund = more money in your pocket

Yes it does. The NRAS tax incentives are paid to anyone, in full, whatever their taxable income is. http://www.ato.gov.au/nonprofit/content.aspx?menuid=0&doc=/content/00179876.htm&page=4&H4

What part dont you get? :) If I reduce your tax bill, I put more cash in your pocket, right?

His situation allows for a a "wow" approach, but anyone with enough equity ( ie 60K) to get just one NRAS property right now, can get started on a strategy that should still allow them to build a 3 or 4 property CF+ portfolio quite easily. The secret is very simple. Four things ; 1. greater...

Here's another option. Take out an 80% LVR loan against your 700K PPOR. That gives you 560K Set up 5 x 100K splits. and 1 x 60 K split - a total of 560K Purchase 6 x NRAS properties at or below 350K. Split 1 - The 60K split against your PPOR will provide a 10% deposit for the first NRAS...