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...
Read moreNew homes & Termite zones
An increasing number of councils across Australia are seeing the value in designating residential zones as termite prone areas in an effort to help local communities avoid costly repairs and horror surprises in the future.
Victoria is the only Aus...
Read moreThe Science Of Inspections
There’s a science to property inspections. Seriously. Because while your average inspector can and does spot problems, a trained inspector can find problems behind problems and other easy-to-miss issues.
What’s more, he or she is less likely t...
Read moreBuying Off-The-Plan Housing Needn't Be Scary
Buying an off-the-plan house needn’t be scary if you make smart choices.
One important choice: Seeking out experts in New Construction – and Jim’s Building Inspections is a good place to start.
Buying off-the-plan with professional guidan...
Read moreRe-stumping red flags
A guide to Re-Stumping
Re-stumping - or re-blocking as it's known in Victoria - is big business in Australia and can be a very costly exercise, particularly if you don't know what you're looking at and you don't understand what you've bought into....
Read moreThe 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 moreA 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...
Read moreFact - Termites Hate Good Building Inspectors
A good building inspector knows how to find termite issues. A bad building inspector, by way of contrast, is a termite’s best friend.
When Joe Blow (not his real name) bought a two-bedroom 1920s terrace in Sydney’s inner west for around $1 mil...
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 moreWhy arranging a Pre-Sale inspection can give you an advantage
If you’re thinking about listing your home for sale, it is the perfect time to look at anything you may need to fix or repair. You’re probably used to the ceiling water stains and spots of mould in your kitchen cupboards, but these minor defects ...
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