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 moreAsbestos-Caused Cancer Trends Up
Asbestos-caused cancers are trending up, according to recent data from 2017.
The grim facts from the Australian Institute of Health and Welfare:
710 Australians were diagnosed with mesothelioma in 2016 – a cancer caused by exposure to asbesto...
Read moreBuilding Inspectors Break Secrets
Building inspectors break secrets. It’s their job to do so and we wouldn’t have it any other way. They’re in one very real sense property detectives.
It’s fraudulent for a vendor to knowingly conceal defects according to the law. This incl...
Read moreBlocked Guttering- One of the most Common Pre-Purchase Defects
Blocked gutters are one of the main defects found during a pre purchase inspection and is also one of the easiest to fix and prevent. Doing something as simple as keeping your gutters clean can save you thousands of dollars in maintenance costs in th...
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 In The News
Think asbestos is old news – and not relevant in today’s society? Think again. Here’s one of many asbestos-related news stories.
From the Western Advocate:
WORK on Bathurst Tennis Centre’s new $800,000 clubhouse has come to a halt after...
Read moreWhat is Caveat Emptor?
Increasingly property buyers are aware of their responsibility to discover building defects before sale – this is known as the Latin principle Caveat Emptor or ‘buyer beware’.
The full quotation is ‘caveat emptor, qui ignorare no...
Read moreWhat's involved in a home inspection?
Most of the time we never get to meet our clients face to face and only a small handful are ever able to come along to the home inspections we organise.
So there is often a bit of mystery around what exactly we do during a home inspection.
...
Read moreSave $1000s With a Depreciation Schedule
Investment properties are a great way to secure your financial future. As an informed investor you’ll want to take advantage of all of the tax benefits that are available to residential property investors. Who wants to pay more tax than they need t...
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...
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