Building? Here Are Mark Campbell's Lessons Learned
“My rationale for building new was threefold,” writes Mark Campbell, a working-class Aussie. “Firstly, it enabled me to have control over the end product and it made sense from an investment perspective because I could maximise depreciation and...
Read moreTiming of a building inspection
THE TIMING OF A BUILDING INSPECTION MOSTLY DEPENDS ON THE METHOD OF SALE.
As the findings of a building inspection report may prompt you to withdraw an offer, you should always ensure that you are correctly informed of your rights and options. This ...
Read moreNeed To Know - Building Inspection Inclusions and Exclusions
It is important to understand what is generally included and excluded in a building inspection service. Jim's Building Inspections work hard to understand what type of property you are purchasing.
Factors that influence which building inspection...
Read moreBuilding Inspectors Break Secrets
Building inspectors break secrets. It’s their job to do so and we wouldn’t have it any other way. They’re in one very real sense property detectives.
It’s fraudulent for a vendor to knowingly conceal defects according to the law. This incl...
Read moreWhat is Caveat Emptor?
Increasingly property buyers are aware of their responsibility to discover building defects before sale – this is known as the Latin principle Caveat Emptor or ‘buyer beware’.
The full quotation is ‘caveat emptor, qui ignorare no...
Read moreProposed New Tax To Help Home Owners Remove Asbestos
Did you know that 1 in 3 Australian homes contain asbestos? With home renovations on the rise, many Australian's are purchasing homes built before 1985 with the intention of doing small renos through to complete rebuilds. Unfortunately, many people a...
Read moreThe Block's Depreciation Schedules And You
So, “investors could claim an average of over $2.2 million in depreciation deductions for each apartment on Channel 9’s 2016 season of The Block,” according to new analysis reported by The Urban Developer.
By far the biggest potential deprec...
Read moreTips For First Home Buyers.
With government policy and a market that has cooled in recent times, the opportunities for first home buyers is really exciting. The dream of buying your first home is becoming a reality. There are however so many factors to look out for before you r...
Read moreTo Buy Or Not To Buy (Off The Plan)
To buy or not to buy (off the plan) is an important issue for an increasing number of new homebuyers and property investors.
When done responsibly with professional guidance (offered by Jim’s Building Inspections, for example) it can be a positi...
Read moreThe 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...
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