The D-Word: Time To Talk Depreciation
Sad fact: Many Australian rental property owners are failing to correctly calculate depreciation.
“I have often seen clients who have owned investment properties for five, six or seven years and have never claimed any form of depreciation becaus...
Read moreWhy 'The Block' Is More Than Just A Pretty Living Space
Sure, it’s pretty. No question. Her inner-city beachy location is also a big positive. But besides the prospect of rising property and house prices long-term there’s another reason why ‘The Block’ is more than just a pretty face on a reality ...
Read moreSmoke Alarms - America's Move May Trigger Australian Action
It’s an important topic. Will moves in the United States regarding smoke alarms trigger a debate here?
The dirt: As the ABC reported, new US smoke alarm laws look likely to drive ionisation alarms out of business – and an American expert has b...
Read moreAsbestos - Not Just About Housing
FEATHERS were flying in Red Hill last week when neighbours discovered asbestos sheeting was being removed from a disused chicken shed near their properties.
First reported in the Southern Peninsula News (6 November 2018) the story continues:
Mo...
Read moreAsbestos-Caused Cancer Trends Up
Asbestos-caused cancers are trending up, according to recent data from 2017.
The grim facts from the Australian Institute of Health and Welfare:
710 Australians were diagnosed with mesothelioma in 2016 – a cancer caused by exposure to asbesto...
Read moreA Good Building Inspection Is Better Than An Expensive Cure
Put yourself in Hao’s shoes. He buys his dream home only to discover a buyer’s worst nightmare: most of his buildings are illegal.
As the Whittlesea Council says: His bungalow was constructed without a permit. And to add insult to financial in...
Read moreDo you think that property you are looking to buy has asbestos?
If the house you are looking to buy was built or renovated before 1990, it is likely that it will contain some form of asbestos-containing materials.
Did you know that approximately one-third of homes built in Australia contain asbestos products?
...
Read moreThe Case For More Home Inspections
Building surveyors are calling on Victoria’s state government to mandate balcony inspections. This follows the tragic balcony collapse in Doncaster East in late 2017. Sadly, two people died and many others were injured, according to The Age.
In ...
Read moreProperty Depreciation - Some Questions
Q: What’s property depreciation all about?
A: In a nutshell, depreciation is a tax deduction when your property’s value declines. The result: Less tax, more money in your pocket.
Q: Where can I find professional help?
A: Jim’s Buildi...
Read moreMould - The Silent Killer
Mould: Ugly, yes. But the health consequences of inaction are uglier.
Gizmodo explains: “A common mould called Aspergillus, when inhaled by particularly susceptible people, can infect the lungs and spread throughout the body. Other moulds that ...
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