The 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 moreRe-stumping red flags
A guide to Re-Stumping
Re-stumping - or re-blocking as it's known in Victoria - is big business in Australia and can be a very costly exercise, particularly if you don't know what you're looking at and you don't understand what you've bought into....
Read moreIs your house cracking up?
Is your house cracking up?
A long, spidery vein is inching its way across the dining room wall. It seems to be spreading even as you stare at it! You’re sure it wasn’t there yesterday! So what does this mean and how can it be fixed?
Don’t...
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 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 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 moreHow Different Methods of Property Sale Impact When You Need a Building Inspection
THE TIMING OF A BUILDING INSPECTION DEPENDS ON YOUR SITUATION AND MOSTLY THE METHOD OF SALE.
As the findings of a building inspection report may cause you to withdraw an offer you should always ensure that you are informed of your ri...
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...
Read moreProposed New Tax To Help Home Owners Remove Asbestos
Did you know that 1 in 3 Australian homes contain asbestos? With home renovations on the rise, many Australian's are purchasing homes built before 1985 with the intention of doing small renos through to complete rebuilds. Unfortunately, many people a...
Read moreThree Simple Ways To Fight Mould
Some things are out of our control. Others are in our control. Thus, when speaking about mould, there are many things we can do.
One: Root causes. Find them. A good place to start: Jim’s Building Inspections. When mould is found by experts it’...
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