Property 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 moreThe first signs that a home could have rotten or sinking stumps
If you are buying your dream home or investment property, it should be remembered that if the property is showing signs of stump damage, it is important to get a professional building consultant to have a look at your property. A house may appear q...
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 moreBlocked Guttering- One of the most Common Pre-Purchase Defects
Blocked gutters are one of the main defects found during a pre purchase inspection and is also one of the easiest to fix and prevent. Doing something as simple as keeping your gutters clean can save you thousands of dollars in maintenance costs in th...
Read moreBeating the Dangerous World of Mould - Related Illnesses
Moving to a share house is an exciting adventure for young adults. At least, that’s the theory. So when healthy Tim Kirby started losing weight, developing insomnia, experiencing frequent headaches and battling fatigue, he was in search of answers....
Read moreIs Your Smoke Alarm Up To Scratch
Fires can spread rapidly (in less than five minutes) through your house, according to findings from a Fire & Rescue NSW report. Interesting also is that homeowners are encouraged to look at how many fire alarms in their house to cover all potenti...
Read moreWhy Rental Safety Inspections Matter
“When Jonathan’s family rented a home they began experiencing recurring headaches,” reports news.com.au. “Then they made a shocking discovery.”
It turns out that Jonathan and even his children were victims of dangerous traces of crystal ...
Read moreIs your house cracking up?
Is your house cracking up?
A long, spidery vein is inching its way across the dining room wall. It seems to be spreading even as you stare at it! You’re sure it wasn’t there yesterday! So what does this mean and how can it be fixed?
Don’t...
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 moreWho Needs a Building Inspection?
Building Inspections are generally ordered in the process of buying or selling a home.
A building inspection may also be required if you discover that your home has developed a building defect over time or in response to an incident or accident.
...
Read more
