Victoria

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...
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EXPLAINED – 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...
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How Jim's Building Inspections Became Australia's Number One Choice

Jim’s Building Inspections has grown to become Australia’s largest building inspection business in just three years. How did we do that? It was actually pretty easy, which is probably a damning commentary on the state of the industry! The ...
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Is 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...
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Am 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...
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The Block's Depreciation Schedules And You

So, “investors could claim an average of over $2.2 million in depreciation deductions for each apartment on Channel 9’s 2016 season of The Block,” according to new analysis reported by The Urban Developer. By far the biggest potential deprec...
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Building Inspectors Break Secrets

Building inspectors break secrets. It’s their job to do so and we wouldn’t have it any other way. They’re in one very real sense property detectives. It’s fraudulent for a vendor to knowingly conceal defects according to the law. This incl...
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Timing of a building inspection

THE TIMING OF A BUILDING INSPECTION MOSTLY DEPENDS ON THE METHOD OF SALE. As the findings of a building inspection report may prompt you to withdraw an offer, you should always ensure that you are correctly informed of your rights and options. This ...
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Concrete stumps are not immune to decay under extreme conditions.

Many elevated properties sit on some type of stump support whether it be timber , steel , masonry or concrete . Whist most people would consider concrete stumps to be maintenance free , this is far from the truth . Recently one of our Building Inspe...
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Inadequate Site and subfloor drainage

A sub-floor is the structure and crawl space between the lowest floor and the ground. High moisture levels in these areas promote fungal decay and other timber pests such as termites. All sub-floors and crawl spaces should be considered as having ...
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