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...
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....
Read moreHouse Inspections Take Time
Okay, random question: How long would you spend inspecting a house before buying it?
In Australia, more than half of homeowners (58%) spend less than an hour inspecting before the big buy, according to research put out by ME bank. Thus, it’s not...
Read moreTax Depreciation Schedules
Did you know Jim’s Building Inspections have now started providing Tax Depreciation Schedules for Property Investors around the country?
Why?
Our Inspectors are in thousands of homes and apartments everyday conducting Pre-Purchase Building Ins...
Read moreWho Needs a Building Inspection?
Building Inspections are generally ordered in the process of buying or selling a home.
A building inspection may also be required if you discover that your home has developed a building defect over time or in response to an incident or accident.
...
Read moreThe 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 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 moreMouldy Issues For Landlords
A growing number of tenants are trying to educate landlords about the many ways in which mould can make us sick. So the ABC’s AM political reporter, Alexandra Beech, took the time to speak to one such person, Caleb Rudd.
Mr Rudd is behind a Face...
Read moreHow To Avoid Renovation Traps
Renovations done right can pay off. Literally. That said there are some serious traps to avoid.
Potential problems from wiring to asbestos issues often come up especially in older houses, so it’s important to seek professional help. Jim’s Buil...
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...
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