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...
Read moreConcrete 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...
Read moreHow 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...
Read moreProposed New Tax To Help Home Owners Remove Asbestos
Did you know that 1 in 3 Australian homes contain asbestos? With home renovations on the rise, many Australian's are purchasing homes built before 1985 with the intention of doing small renos through to complete rebuilds. Unfortunately, many people a...
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 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 moreAsbestos - Not Just About Housing
FEATHERS were flying in Red Hill last week when neighbours discovered asbestos sheeting was being removed from a disused chicken shed near their properties.
First reported in the Southern Peninsula News (6 November 2018) the story continues:
Mo...
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 moreEXPLAINED – 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...
Read moreWhat is franchising?
Franchising is the practice of using another business’s successful business model. By replicating a successful model, the new business owner or franchisee has a greater level of incentive than an employee, they directly benefit from the effort they...
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