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 moreBuilding? 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 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 moreNew homes & Termite zones
An increasing number of councils across Australia are seeing the value in designating residential zones as termite prone areas in an effort to help local communities avoid costly repairs and horror surprises in the future.
Victoria is the only Aus...
Read moreTermite Damage Is Leading Factor When Buying Queensland Homes
Are you buying a home or investment property in Queensland? Amongst the important things to consider is the termite and borer status of your intended property.
It is recommended that you should always have both a pre-purchase building inspection a...
Read moreYour Health Health Before Mould
Imagine if you were battling the following: Nose bleeds, chest infections, sinus troubles, asthma, hair loss, breathing issues, chronic fatigue, rashes and headaches.
Sad to say, but these are just some of the potential consequences of living with...
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 moreDue 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...
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 moreWhat is a Building Inspection?
A building inspection is designed to give you independent and objective advice about the physical state of a building, enabling you to make an informed decision, generally about whether or not to buy a building.
A building inspection is a snapshot...
Read more
