From the 1st of July 2017, travel expenses relating to a residential investment property will not be deductible, that being any property investment that hosts a place for residents to reside in.
The coming year will be a big for the residential property market in Brisbane and across Australia, with many professional forecasts and expert opinions leaning towards only a small increase in the Brisbane property market while Sydney and Melbourne will see a slight decrease.
Below are 4 reasons why you should be looking for a new place to call home this holiday season:
For the majority of Australians, the most expensive purchase we make in our life is our home - and you don’t want to take the risk of opting for an unqualified building inspector just to save some money.
Unfortunately, only one state in Australia requires a pre-purchase building inspector to be licensed and that is Queensland, which means in other states literally anybody without relevant license or qualifications can claim to be a building inspector.
Іf уоu аrе соnsіdеrіng to invest іn аnу tуре оf соmmеrсіаl оr rеsіdеntіаl рrореrtу, а buіldіng and pest іnsресtіоn іs а must.
There are many forms of extreme weather conditions that are caused by various circumstances and happen every year across the world. More specifically, Queensland has seen its fair share of weather disasters in the past few years and more often than not, they have come sporadically and left a path of destruction behind.
Before the storm and rain season begins, building inspection covering both outside and inside the home should be a priority. The potential of roof or gutter deteriorating due to storm or rain is not something you should ever take lightly. Throughout rain or storm season, your house is continually at the clemency of powerful winds and rain.
The recent spate of severe storms in Brisbane drives home the importance of keeping a home well sealed and dry. Moisture in the form of leaks and water ingress and more seriously, flooding will cause mould, decay and damage to a property. Coupled with warm temperatures and humidity, this may, in turn, encourage termites which can do further significant damage.
As a buyer, you need to be vigilant for signs of moisture, ask yourself the following:
Finding the right property that fitѕ within your budgеt аnd suits уоur requirements iѕn't асtuаllу ѕо diffiсult if you know what to look for. Onе needs tо сhесk if thе сurrеnt mаrkеt iѕ in your favour аnd will fetch good rеturnѕ оn thе investment. Bеlоw is a few useful tips thаt will help уоu in buуing or purchasing a рrореrtу аnd mаkе the entire еxреriеnсе less ѕtrеѕѕful.
The sight of cracking can put fear into a buyer's heart. Yet most properties will exhibit cracking at some point in their lives as materials age and settle to accommodate changes in the building's environment, especially if the builder has not allowed for this by installing expansion or control joints. Often cracking is inconsequential, affecting only the appearance of the building and if static, can be simply repaired. However, cracking can also be a serious distress signal that the building's serviceability or even stability may be under threat.
Most of us will purchase our home upon the condition of a satisfactory property inspection report. Engaging a qualified professional to inspect what will probably be the biggest purchase we will ever make in our lives is strongly advisable. However, while the focus tends to be on the building inspection component, often another key inspection tends to be downplayed or even overlooked.
Living in Queensland is beautiful one day, paradise the next. But there is a down side to all the high humidity and rainfall of tropical Queensland with its regular flooding and that's water damage to our homes. Water may look benign but apart from structural defects, water is one of the major concerns of a building inspector, especially if water issues continue unaddressed within the home. Water itself can lead to substantial structural problems.
What is a handover report?
Imagine if you could live mortgage free. According to Heather Shearer of The Conversation (November 5, 2015), Australian families are doing just that by building tiny homes on wheels that measure just 10 square metres or 7m long by 2½m wide... for less than $40,000.
The race is on to build 3D printed houses a breakthrough, which will have significant consequences for housing affordability, customisation and the environment.
The world's most destructive termite species, Formosan subterranean termites (Coptotermes formosanus) and Asian subterranean termites (Coptotermes gestroi), were previously thought by scientists to be prevented from interbreeding due to their distinct, separate swarming seasons. However, with climate change and human activity, they have recently been observed to swarm simultaneously in South Florida.
Nowadays a Building and Pest Inspection has become almost a prerequisite to buying a home. This is wise considering the enormity of your financial decision. That's why a detailed, independent Building and Pest Inspection Report is an important information tool to assist you in your decision making. But what separates a good report from a mediocre one?
