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 moreEXPLAINED – Owner Builder Warranty Inspections & S137B of the Victoria Building Act 1993
You're an owner builder and it is time to sell your home. The last thing you want is for your hard work to be a hindrance to potential purchasers who have reservations about quality or compliance, just because the works weren't part of a major domest...
Read moreMould - The Silent Killer
Mould: Ugly, yes. But the health consequences of inaction are uglier.
Gizmodo explains: “A common mould called Aspergillus, when inhaled by particularly susceptible people, can infect the lungs and spread throughout the body. Other moulds that ...
Read moreGo With Licensed Pre-Property Inspectors
What makes a good pre-property inspector? Sourceable’s Howard Ryan writes: ‘To do the job properly, a qualified building inspector will have extensive knowledge of the Building Code of Australia, the Building Act, the Building Regulations and var...
Read moreNovember is Asbestos Awareness Month
Yes. It’s that time of year again. November is Asbestos Awareness Month.
Why Asbestos Awareness Month?
It’s a national effort with a noble goal. Asbestos Awareness Month is about fighting ignorance through education. The aim is to increase awa...
Read moreIs 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...
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 moreAsbestos-Caused Cancer Trends Up
Asbestos-caused cancers are trending up, according to recent data from 2017.
The grim facts from the Australian Institute of Health and Welfare:
710 Australians were diagnosed with mesothelioma in 2016 – a cancer caused by exposure to asbesto...
Read moreWhat's Depreciation?
New to the property investment game and struggling with the lingo? You’re not alone. Below is one definition posted by news.com.au to build your real-estate knowledge.
What’s depreciation?
> Depreciation
Often investors can claim a po...
Read moreThe Case For More Home Inspections
Building surveyors are calling on Victoria’s state government to mandate balcony inspections. This follows the tragic balcony collapse in Doncaster East in late 2017. Sadly, two people died and many others were injured, according to The Age.
In ...
Read more
