Is 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 moreJim's Building Inspections hits 100 Franchisees!
Jim's Building Inspections is pleased to announce that September 2017 saw its 100th Franchisee sign on to Jim's Building Inspections, officially launching the division as one of the biggest building inspection companies in Australia.
Director Paul...
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 moreWhat is Caveat Emptor?
Increasingly property buyers are aware of their responsibility to discover building defects before sale – this is known as the Latin principle Caveat Emptor or ‘buyer beware’.
The full quotation is ‘caveat emptor, qui ignorare no...
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 moreWhy 'The Block' Is More Than Just A Pretty Living Space
Sure, it’s pretty. No question. Her inner-city beachy location is also a big positive. But besides the prospect of rising property and house prices long-term there’s another reason why ‘The Block’ is more than just a pretty face on a reality ...
Read moreHow To Avoid Renovation Traps
Renovations done right can pay off. Literally. That said there are some serious traps to avoid.
Potential problems from wiring to asbestos issues often come up especially in older houses, so it’s important to seek professional help. Jim’s Buil...
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 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 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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