Wood Property

When should I repair my apartment?

When should I repair my apartment?

Many owners corporations (OC) (formerly body corporates) have a long term maintenance plan to undertake repairs of common areas and general property of the building over a 15-25 year period. The OC collects payments from every apartment owner each quarter to fund these works. For investment owners those payments are tax deductible even though the works don’t take place…Read More→