Blocked 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 moreDo you think that property you are looking to buy has asbestos?
If the house you are looking to buy was built or renovated before 1990, it is likely that it will contain some form of asbestos-containing materials.
Did you know that approximately one-third of homes built in Australia contain asbestos products?
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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 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 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 moreHouse Inspections Take Time
Okay, random question: How long would you spend inspecting a house before buying it?
In Australia, more than half of homeowners (58%) spend less than an hour inspecting before the big buy, according to research put out by ME bank. Thus, it’s not...
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 moreThe Dirt On Property Depreciation
What’s depreciation? In a nutshell, it’s an allowance under tax laws in Australia for investors. It means they can claim deductions for expenditures in their property investments.
Why depreciation? Even extremely well-built houses aren’t imm...
Read moreHow Can I Save Money This Year?
This year has been a year of challenges. These challenging times are leading to many investors asking the question how can I save money this year?
One of the ways many investors can save money is by looking for ways to reduce their tax burden. That ...
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...
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