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 moreWhy Rental Safety Inspections Matter
“When Jonathan’s family rented a home they began experiencing recurring headaches,” reports news.com.au. “Then they made a shocking discovery.”
It turns out that Jonathan and even his children were victims of dangerous traces of crystal ...
Read moreThe Politics Of Smoke Alarms
From 1993 to 2015, CSIRO conducted tests on smoke alarms but the public is yet to read the findings. This comes at a time when activists want ionised smoke alarms banned due to alleged issues with response times to common fires. In America, the alarm...
Read moreGET YOUR HOME READY FOR WINTER!
With winter only around 7 weeks away it is time to think about doing those essential jobs around the home that is really easy to forget. Then one day you look out the window and you have water cascading down your fascia and into your eaves. This happ...
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 moreBeating the Dangerous World of Mould - Related Illnesses
Moving to a share house is an exciting adventure for young adults. At least, that’s the theory. So when healthy Tim Kirby started losing weight, developing insomnia, experiencing frequent headaches and battling fatigue, he was in search of answers....
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 Concerns? Call The Experts
Here’s an all too familiar story from the Newcastle Herald: A Glendale property is demolished after its owners found deadly loose-fill asbestos insulation.
This type of asbestos was relatively popular in the1960s and 1970s.
Science now tells ...
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 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...
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