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...
Read moreCommon defects found in homes
Are you buying a home or investment property? Here are some of the common defects that our building inspectors in homes.
Termite damage
The advantages of getting a vendor report before putting your house on the market. Termite damage was found ...
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 moreProperty Management and Smoke Alarms are Good Friends
Property management and smoke alarms are good friends. Or at least they should be. Worst possible scenario: Inaction can lead to deaths and a stint in prison.
It’s a familiar story, even in developed countries, however. From one BBC report: “A...
Read moreAsbestos In The News
Think asbestos is old news – and not relevant in today’s society? Think again. Here’s one of many asbestos-related news stories.
From the Western Advocate:
WORK on Bathurst Tennis Centre’s new $800,000 clubhouse has come to a halt after...
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 moreWhat's involved in a home inspection?
Most of the time we never get to meet our clients face to face and only a small handful are ever able to come along to the home inspections we organise.
So there is often a bit of mystery around what exactly we do during a home inspection.
...
Read moreRental 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...
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...
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...
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