Victoria

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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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...
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The first signs that a home could have rotten or sinking stumps

If you are buying your dream home or investment property, it should be remembered that if the property is showing signs of stump damage, it is important to get a professional building consultant to have a look at your property.  A house may appear q...
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A 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...
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Blacklists For Potential Tenants? You Betcha!

Yes. Blacklisting tenants is a thing and may not be talked about because of shame-related issues. According to the ABC, a person can be blacklisted without even being aware. His or her name in such a case will pop up on tenancy databases meanin...
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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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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...
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Asbestos 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 ...
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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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What Does Jim Know About Building Inspections Anyway?

ACTUALLY, QUITE A BIT MORE THAN WE EVER REALISED! We recently discovered that Jim Penman’s dad was a forensic engineer. From an early age Jim’s father was investigating materials, structures and their components which failed o...
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