Victoria

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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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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Mould - The Silent Killer

Mould: Ugly, yes. But the health consequences of inaction are uglier. Gizmodo explains: “A common mould called Aspergillus, when inhaled by particularly susceptible people, can infect the lungs and spread throughout the body. Other moulds that ...
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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 Pitfalls Of Property Investment

The pitfalls of property investment are many. Andrew Heaton from Sourceable advances the argument that it’s important to get a quality survey. While a retail store is often happy to return a $10 item of clothing, it’s far more complex with rea...
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Need To Know - Building Inspection Inclusions and Exclusions

It is important to understand what is generally included and excluded in a building inspection service.  Jim's Building Inspections work hard to understand what type of property you are purchasing. Factors that influence which building inspection...
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What does Domestic Building Insurance means to Builder or an Owner Builder in Victoria.

Whether you are a homeowner who is using a Builder or an Owner Builder, it is mandatory to get a domestic building insurance. If you undertake domestic building work worth more than $16,000, then you need domestic building insurance. Furthermore,...
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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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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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To 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...
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