The 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 moreAsbestos Dumpers Beware
There’s a right way and a wrong way to do a job and this is especially true for asbestos. As the APP reports:
People and businesses that illegally transport or dump asbestos in NSW will face on-the-spot fines of up to $15,000 under tough new pen...
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 moreFact - Termites Hate Good Building Inspectors
A good building inspector knows how to find termite issues. A bad building inspector, by way of contrast, is a termite’s best friend.
When Joe Blow (not his real name) bought a two-bedroom 1920s terrace in Sydney’s inner west for around $1 mil...
Read moreAm I An Owner Builder?
Whether you are or aren’t an owner builder can sometimes be a tricky concept to get your head around.
Even if you didn’t personally lift a hammer, but rather project managed different trades to do the work, – you are still, legally, the owne...
Read moreMould - The Silent Killer
Mould: Ugly, yes. But the health consequences of inaction are uglier.
Gizmodo explains: “A common mould called Aspergillus, when inhaled by particularly susceptible people, can infect the lungs and spread throughout the body. Other moulds that ...
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 moreInadequate Site and subfloor drainage
A sub-floor is the structure and crawl space between the lowest floor and the ground. High moisture levels in these areas promote fungal decay and other timber pests such as termites.
All sub-floors and crawl spaces should be considered as having ...
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 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...
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