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 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 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 moreProperty Management and Smoke Alarms are Good Friends
Property management and smoke alarms are good friends. Or at least they should be. Worst possible scenario: Inaction can lead to deaths and a stint in prison.
It’s a familiar story, even in developed countries, however. From one BBC report: “A...
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 moreTo Buy Or Not To Buy (Off The Plan)
To buy or not to buy (off the plan) is an important issue for an increasing number of new homebuyers and property investors.
When done responsibly with professional guidance (offered by Jim’s Building Inspections, for example) it can be a positi...
Read moreSave $1000s With a Depreciation Schedule
Investment properties are a great way to secure your financial future. As an informed investor you’ll want to take advantage of all of the tax benefits that are available to residential property investors. Who wants to pay more tax than they need t...
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 moreMeth testing - the new norm for prudent home buyers
The New Norm? Including Meth checks in Pre-Purchase Building Inspections
For home buyers there is nothing unusual about organising a Pre-Purchase Building Inspection on a potential property purchase. For smart buyers, a Pre-Purchase Building Inspe...
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....
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