Tax 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...
Read moreA Good Building Inspection Is Better Than An Expensive Cure
Put yourself in Hao’s shoes. He buys his dream home only to discover a buyer’s worst nightmare: most of his buildings are illegal.
As the Whittlesea Council says: His bungalow was constructed without a permit. And to add insult to financial in...
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 moreThree Simple Ways To Fight Mould
Some things are out of our control. Others are in our control. Thus, when speaking about mould, there are many things we can do.
One: Root causes. Find them. A good place to start: Jim’s Building Inspections. When mould is found by experts it’...
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 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 moreThe 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 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 moreSafety Reversal Check For Automatic Garage Door
In most houses, the largest moving object is a garage door. Newer garage doors are often operated remotely through radio controls, electrical systems, pulleys and motors.
Serious injury or death from being hit by a closing garage door or from bein...
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...
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