Queensland

Depreciation - A Most Valuable Deduction

Looking to claim? For property owners, depreciation is the gift that keeps on giving and another reason to talk with the professionals at Jim’s Building Inspections. To wit, investors deduct the amount of income-producing assets in decline over the...
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Is 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...
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To 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...
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Concrete stumps are not immune to decay under extreme conditions.

Many elevated properties sit on some type of stump support whether it be timber , steel , masonry or concrete . Whist most people would consider concrete stumps to be maintenance free , this is far from the truth . Recently one of our Building Inspe...
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Rental Reforms To Hit Queensland

Queensland’s 40-year-old rental laws are under scrutiny. One big potential change: making it easier for tenants to own pets and more pressure to address repairs in a timely manner. Property owners, however, may have more powers in their hands to ch...
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Save $1000s With a Depreciation Schedule

Investment properties are a great way to secure your financial future. As an informed investor you’ll want to take advantage of all of the tax benefits that are available to residential property investors. Who wants to pay more tax than they need t...
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Building 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...
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What is franchising?

Franchising is the practice of using another business’s successful business model. By replicating a successful model, the new business owner or franchisee has a greater level of incentive than an employee, they directly benefit from the effort they...
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Asbestos Dumpers Beware

There’s a right way and a wrong way to do a job and this is especially true for asbestos. As the APP reports: People and businesses that illegally transport or dump asbestos in NSW will face on-the-spot fines of up to $15,000 under tough new pen...
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Due Diligence for Home Buyers

Literal meaning of Due diligence is doing a comprehensive appraisal of any buying task undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its potential. It is utmost important to do your due diligenc...
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