The Entrepreneurs Club

Archive for the ‘Cash flow positive property’ Category

Did you know that you can receive $9,140 TAX free towards a investment property this year. What is even better is that you can receive this for the next 10 years but compounding about 5.4% PA, this will come to about $117,000 over the 10 year period.

This government backed incentive is to reduce the current housing shortage Australia is experiencing. This is a fantastic opportunity to get into a cash flow positive investment property. After all expense's like mortgage, managing fee's, shire rates etc are taken into account you will have left over money coming into your bank account each month. This is passive income and is a sure way to build towards financial freedom.

This incentive is called the NRAS (national rental affordability scheme), but it wont last for long so the best thing to do is contact us now and we can put you in contact with the right people that manages these properties.

Happy wealth building

Richard Ivey