Victoria

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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Do you think that property you are looking to buy has asbestos?

If the house you are looking to buy was built or renovated before 1990, it is likely that it will contain some form of asbestos-containing materials. Did you know that approximately one-third of homes built in Australia contain asbestos products? ...
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Property Depreciation - Some Questions

Q: What’s property depreciation all about? A: In a nutshell, depreciation is a tax deduction when your property’s value declines. The result: Less tax, more money in your pocket. Q: Where can I find professional help? A: Jim’s Buildi...
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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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Building? Here Are Mark Campbell's Lessons Learned

“My rationale for building new was threefold,” writes Mark Campbell, a working-class Aussie. “Firstly, it enabled me to have control over the end product and it made sense from an investment perspective because I could maximise depreciation and...
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How do I go back to my home after Fire Damage?

A fire is a traumatic experience, and it can cause more damage than what you can see initially. Beyond the physical fire damage, you must also consider the smoke and soot contamination. Both can be dangerous and costly. Fire damage can extend to t...
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What is a Building Inspection?

A building inspection is designed to give you independent and objective advice about the physical state of a building, enabling you to make an informed decision, generally about whether or not to buy a building. A building inspection is a snapshot...
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You could be unknowingly welcoming Termites into your home?

Termites are among homeowners’ worst nightmares. They aren’t just nasty little pests that make your home dirty – they can tear through your home’s materials, damaging your property and making your home less safe for your family and guests. Ta...
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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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Asbestos-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...
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