The National Rental Affordability Scheme (NRAS) provides a tax offset to encourage investment in affordable rental housing.
Activate "Partnership" via Manage sections.
Via "Partnership" tab, income includes NRAS rent, you need to write your share of the NRAS tax offset at question 13 – label B in your supplementary tax return. This ensures that the tax offset is correctly applied to your taxable income, potentially reducing your overall tax liability.
