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...
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 moreBeware Of Unqualified Building Inspections
How to avoid unqualified building inspections? In a Fairfax article, Chris Dyce, president of the Australian Society of Building Consultants, says go with experienced building inspectors. Make sure they’ve work experience in the industry and don’...
Read moreThings to consider when building your first home
You might decide that rather than buying an established property as your first home, it would better suit you to build.
Building your first home can be both an exciting and overwhelming experience. Building allows you to customise your home from 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 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 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 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 moreRental Reforms To Hit Queensland
Queensland’s 40-year-old rental laws are under scrutiny. One big potential change: making it easier for tenants to own pets and more pressure to address repairs in a timely manner. Property owners, however, may have more powers in their hands to ch...
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...
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