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 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 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 moreWhat is a Building Inspection?
A building inspection is designed to give you independent and objective advice about the physical state of a building, enabling you to make an informed decision, generally about whether or not to buy a building.
A building inspection is a snapshot...
Read moreProperty Depreciation - Some Questions
Q: What’s property depreciation all about?
A: In a nutshell, depreciation is a tax deduction when your property’s value declines. The result: Less tax, more money in your pocket.
Q: Where can I find professional help?
A: Jim’s Buildi...
Read moreAsbestos Concerns? Call The Experts
Here’s an all too familiar story from the Newcastle Herald: A Glendale property is demolished after its owners found deadly loose-fill asbestos insulation.
This type of asbestos was relatively popular in the1960s and 1970s.
Science now tells ...
Read moreWhy Rental Safety Inspections Matter
“When Jonathan’s family rented a home they began experiencing recurring headaches,” reports news.com.au. “Then they made a shocking discovery.”
It turns out that Jonathan and even his children were victims of dangerous traces of crystal ...
Read moreBeating the Dangerous World of Mould - Related Illnesses
Moving to a share house is an exciting adventure for young adults. At least, that’s the theory. So when healthy Tim Kirby started losing weight, developing insomnia, experiencing frequent headaches and battling fatigue, he was in search of answers....
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 moreGET YOUR HOME READY FOR WINTER!
With winter only around 7 weeks away it is time to think about doing those essential jobs around the home that is really easy to forget. Then one day you look out the window and you have water cascading down your fascia and into your eaves. This happ...
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