Click on any one of the following topics for simple explanations. For further information, contact L J Gilland Real Estate today.

* What is the NRAS scheme? * What does a quality property investment offer? * Why invest in Queensland? * The legitimate way to legally reduce your tax bill. * What happens when you make a sensible property Investment? * What is your "Application for Variation of Tax Instalments"? * Landlords Insurance - Who pays the rent if the tenant won't? * How can I retire in seven years?

“The National Rental Affordability Scheme (NRAS) is intended to stimulate construction of 50,000 new affordable rental dwellings by 30 June 2012 and, as such, is not available to small-scale, private individual investors unless they become indirectly involved by investing in the Scheme, for example through a superannuation fund or property trust.

There is no requirement under the Scheme for the Incentives to be passed on to the owners of the properties. The arrangements between dwelling owners and approved participants are a matter for those parties and will not be facilitated or prescribed by the Australian Government.  

Where dwellings are approved under NRAS, investors should be aware that this does not mean that the Australian Government endorses, guarantees or secures the investment in any way. Investors and approved participants should also be aware that provision of the Incentive is dependent on satisfactory completion of all conditions and compliance requirements under the Scheme.

Investors should undertake their own investigations and seek appropriate independent investment advice to ensure they are satisfied that investing in an NRAS dwelling is the right investment for their individual circumstances.”

Click here to download a PowerPoint Presentation on the NRAS scheme.

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	Great Security.
	High performance.
	Substantial tax advantages.
	Protection from inflation.
	Easy Access to your capital gains.

	Queensland has the fastest growing population.
	Queensland has a very strong economy.
	Queensland offers lower taxes than other states.
	Queensland has the highest job growth rate of any state.

Any cost or expenses associated with your investment properties are tax deductible. These deductions include:

Borrowing Costs:

	Bank application fees.
	Government commissions (stamp duty)
	Legal fees associated with the loan.
	Valuation charges.

Out Of Pocket Expenses:

	Any vehicle expenses.
	Telephone costs.
	Bookkeeping costs.
	Agents commission.
	Mortgage interest repayments.

Depreciation:

	You can depreciate the structure of a new building at a rate of 2.5% per annum over the first 40 years of ownership.
	You can pool low cost plant and items into pools of $1000 and depreciate over 4 years (ie. 18% 1st year, 35% 2nd year, etc.).
	You can claim depreciation on fixtures and fittings, such as curtains, carpets and electrical fittings, to name a few.
	You may be able to claim a part of the cost of your computer and/or home office.

	You enhance your lifestyle.
	You provide yourself with a financially secure retirement.
	Your cash reserves are increased.
	And of course you have reduced your income tax bill.

Most people settle their tax bill on an annual basis. To avoid this and therefore improve your cash flow and help build your assets faster, section 221D of the Tax Act allows investors to vary their tax instalments. The 221D Form lets you receive your tax refund weekly or fortnightly. This increased weekly (or fortnightly) cash flow can be put to work for you and your investment.

For approximately $200 per annum, you can be covered for:

	Premises left unrentable.
	Legal liability.
	Prevention of access.

For more details, contact LJ Gilland Real Estate.

	Never, never sell!
	Upon retirement progressively live off the increased value of the first investment, the second, then the third, etc... See how this in more detail by contacting LJ Gilland Real Estate.