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 Pitfalls Of Property Investment
The pitfalls of property investment are many.
Andrew Heaton from Sourceable advances the argument that it’s important to get a quality survey. While a retail store is often happy to return a $10 item of clothing, it’s far more complex with rea...
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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A fire is a traumatic experience, and it can cause more damage than what you can see initially. Beyond the physical fire damage, you must also consider the smoke and soot contamination. Both can be dangerous and costly.
Fire damage can extend to t...
Read moreAm I An Owner Builder?
Whether you are or aren’t an owner builder can sometimes be a tricky concept to get your head around.
Even if you didn’t personally lift a hammer, but rather project managed different trades to do the work, – you are still, legally, the owne...
Read moreBuilding Inspection Reports - the ultimate negotiation weapon
Rising damp and termite damage. Two issues that would normally send shivers down your spine and see potential buyers running for the hills.
But what if you could you turn a negative building inspection report, into the ultimate negotiation weapon?...
Read moreHow Can I Save Money This Year?
This year has been a year of challenges. These challenging times are leading to many investors asking the question how can I save money this year?
One of the ways many investors can save money is by looking for ways to reduce their tax burden. That ...
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 moreAsbestos Concerns? Call The Experts
Here’s an all too familiar story from the Newcastle Herald: A Glendale property is demolished after its owners found deadly loose-fill asbestos insulation.
This type of asbestos was relatively popular in the1960s and 1970s.
Science now tells ...
Read moreDepreciation - 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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