ITC Red Mahogany Project 2007

ITC Red Mahogany Project 2007 (Closed)

Red Mahogany Project

The ITC Red Mahogany Project 2007 (Red Mahogany Project) is designed to produce sawlogs suitable for structural and appearance grade timber at Clearfall Harvest approximately 18 years after planting. Woodchips are expected to be produced from Thinnings approximately 7 years after planting. The species to be planted is Eucalyptus pellita.

The unit of investment for each Project is a Plantation Unit, which is an area of land expected to produce the Project Yield over the life of the Project. Each plantation unit will be approximately 1 hectare, with clear felling in year 18.

Fees and Charges

The application fee is $4,400 (inc GST). There are no ongoing fees payable they are taken from the harvest proceeds. Insurance is available on the project, historically this has been approximately $30.00 per 3 plantation units per annum.

Finance Options

Term Option	Number of Instalments	Interest Rate.
1 Year	1 year principle and interest	Nil
3 Years	3 years principle and interest	9.50%
5 Years	5 years principle and interest	9.75%
10 Years	3 years interest only, 7 years P&I	10.45%

Features

Up to 7% cash rebate (see below)

$4,400 application

Minimum application 1 Plantation Unit

100% tax deduction

Tax deduction for interest expense if finance option taken

No outlay for ongoing fees

Commissions & Cash Rebates

With tax effective investments we will receive a commission that is not paid from your investment amount. With the ITC Mahogany Project 2007 this is 5% commission and 4% marketing allowance. 100% of the commission is rebated, plus part of the marketing allowance depending upon the amount invest as shown in the table below:

Amount Invested	Commission Rebate	Marketing Rebate	Total Rebate
$0 - $17,600	5%	0%	5%
$17,601 - $44,000	5%	1%	6%
$44,001 +	5%	2%	7%

The cash rebate is paid to you as soon as we receive our commission payment ex GST, note the investment amount corresponds to the number of units, eg 10 units will be a 6% rebate, 11 units would be 7%.

Further Information

For further information please download any of the following files or right click on the button and 'save target as' to download to your computer (all files are in *pdf format):

Product Disclosure Statement (3.5mb)

Adviser Edge Research (810k)

Project Summary (2.3mb)

Finance Application (730k)

ATO Product Ruling (160k)

IMPORTANT : This information has been prepared without taking into account your investment objectives, financial situation and particular needs. National Financial Solutions Pty Ltd (the authorising licensee) makes no recommendations as to the merits of any investment opportunity referred to on this site or via email correspondence. All indications of performance returns are historical and can not be relied upon as an indicator for future performance. Any investment decision in the products listed is entirely yours. NFS bears no responsibility for the appropriateness of the investment to your circumstances. NFS will not be held responsible for the performance or security of any investment going forward. Furthermore NFS recommends that you seek advice from an independent person as to the appropriateness of any investment that is placed through our service.

With all of these types of investments you should seek independent taxation advice to determine whether this investment suits your circumstances. Please read the important information section.

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* IRR upper range from independent research report