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 moreWHAT’S THE MOST COMMON BUILDING INSPECTIONS SIGNIFICANT DEFECT?
Over the past two years, the most common Significant defect found, is the damp shower. Modern showers are aesthetically pleasing and appear to be installed to the highest standard. However, countless showers have been found this year to have damp cor...
Read moreBlacklists For Potential Tenants? You Betcha!
Yes.
Blacklisting tenants is a thing and may not be talked about because of shame-related issues.
According to the ABC, a person can be blacklisted without even being aware. His or her name in such a case will pop up on tenancy databases meanin...
Read moreBuilding? Here Are Mark Campbell's Lessons Learned
“My rationale for building new was threefold,” writes Mark Campbell, a working-class Aussie. “Firstly, it enabled me to have control over the end product and it made sense from an investment perspective because I could maximise depreciation and...
Read moreProperty Management and Smoke Alarms are Good Friends
Property management and smoke alarms are good friends. Or at least they should be. Worst possible scenario: Inaction can lead to deaths and a stint in prison.
It’s a familiar story, even in developed countries, however. From one BBC report: “A...
Read moreProperty Styling - the Melbourne stats
Property Styling, Melbourne, works.
If you were considering property styling in Melbourne as part of your sale campaign, you can now rest easy knowing that every dollar invested in property styling is likely to return over $1900 to your back pocket ...
Read moreWhat Victoria’s New Tenancy Laws Mean For Landlords
Victoria’s new tenancy laws mean that landlords need to pay extra attention to basic standards, especially relating to health and safety. These include (but are not limited to) providing functioning heaters, stoves and even deadlocks. Furthermore, ...
Read moreAsbestos Imports - A Health Concern
If you follow the news, you’ll be aware that Chinese companies have been exporting asbestos products to Australia. But did you know that they’re not alone?
There’s a long list of countries exporting products with asbestos to Australia. They ...
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 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...
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