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 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 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...
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 moreGo With Licensed Pre-Property Inspectors
What makes a good pre-property inspector? Sourceable’s Howard Ryan writes: ‘To do the job properly, a qualified building inspector will have extensive knowledge of the Building Code of Australia, the Building Act, the Building Regulations and var...
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 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 moreDepreciation - 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 moreWhat Does Jim Know About Building Inspections Anyway?
ACTUALLY, QUITE A BIT MORE THAN WE EVER REALISED!
We recently discovered that Jim Penman’s dad was a forensic engineer.
From an early age Jim’s father was investigating materials, structures and their components which failed o...
Read moreCommon defects found in homes
Are you buying a home or investment property? Here are some of the common defects that our building inspectors in homes.
Termite damage
The advantages of getting a vendor report before putting your house on the market. Termite damage was found ...
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