Hi
I wonder does anybody know anything about the tax relief you can get if you invest in a qualifying retirement home? You buy the unit and lease it to a healthcare operator who lets it to old or medically certified persons.I understand that you can offset rental income and other income up to 30k per annum but I wonder has anyone ever purchased such a unit and if so any advice?
Once the tax break runs out you are left with a unit that can only be sold on as a retirement home.
I wonder does anybody know anything about the tax relief you can get if you invest in a qualifying retirement home? You buy the unit and lease it to a healthcare operator who lets it to old or medically certified persons.I understand that you can offset rental income and other income up to 30k per annum but I wonder has anyone ever purchased such a unit and if so any advice?
Once the tax break runs out you are left with a unit that can only be sold on as a retirement home.