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 morePassing Your Next Rental Inspection With Mould-Busting Professionals
What’s one thing landlords despise? If you guessed mould, you’re right.
“The obvious things we look for are mould in the bathrooms/cupboards/bedrooms,” says one expert in the field. “This is usually an indication that the tenant isn’t ...
Read moreBeware Of Unqualified Building Inspections
How to avoid unqualified building inspections? In a Fairfax article, Chris Dyce, president of the Australian Society of Building Consultants, says go with experienced building inspectors. Make sure they’ve work experience in the industry and don’...
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 moreInadequate Site and subfloor drainage
A sub-floor is the structure and crawl space between the lowest floor and the ground. High moisture levels in these areas promote fungal decay and other timber pests such as termites.
All sub-floors and crawl spaces should be considered as having ...
Read moreThe Dirt On Property Depreciation
What’s depreciation? In a nutshell, it’s an allowance under tax laws in Australia for investors. It means they can claim deductions for expenditures in their property investments.
Why depreciation? Even extremely well-built houses aren’t imm...
Read moreTax Depreciation Schedules
Did you know Jim’s Building Inspections have now started providing Tax Depreciation Schedules for Property Investors around the country?
Why?
Our Inspectors are in thousands of homes and apartments everyday conducting Pre-Purchase Building Ins...
Read moreAsbestos 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...
Read moreNo Shortcuts For Property Inspections
There are no shortcuts for property inspections in the professional world. In fact, the backing of an experienced inspector from Jim’s Building Inspections can save you much grief.
A professional is on top of his or her game and working for you....
Read moreWhy arranging a Pre-Sale inspection can give you an advantage
If you’re thinking about listing your home for sale, it is the perfect time to look at anything you may need to fix or repair. You’re probably used to the ceiling water stains and spots of mould in your kitchen cupboards, but these minor defects ...
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