Quantity Surveyors - BDSA Quantity Surveyors specialising in Tax Depreciation and Construction Cost Consulting. Depreciation Schedule from $385 incl GST Australia Wide Quantity Surveyors. Service includes tax depreciation, quantity surveyors, bills of quantities, construction cost estimating, insurance valuation, sinking funds, quantity surveying, bills of quantities for building industry and architects, real estate investment quantity surveyors reports and schedules, Sydney, Perth, Gold Goast, Brisbane, Adelaide, Cairns, Townsville, Mackay, Rockhampton, Central Coast, Newcastle, Darwin, Hobart

 

What is a Sinking Fund?

A sinking fund is a reserve of money, set aside for strata schemes, to pay for future repairs and maintenance of common property items.

       The sinking fund budget estimates the amount of expenditure for the financial year and anticipated expenditure over subsequent years.

       Legislative requirements of sinking funds are, generally, for the provision of ten year expenditure forecasts.

       Money paid into the sinking fund is raised from a levy paid by the strata unit owners.

       The body corporate estimates the levy amount based on apportionment of the sinking fund budget relative to unit entitlements of each lot.

       The actual levy amount is decided at the annual general meeting of the committee for the body corporate.

       Other money paid into the sinking fund may include interest from investment of sinking fund monies, monies received under insurance policies for destruction of items of a major capital nature.

 Why have a Sinking Fund?

 Most maintenance and repair expenses accrue over time.

Using a sinking fund forecast report to set the sinking fund levies ensures each owner pays a fair share of the costs attributable to their usage of the building and reduces the risk of special levies being required (read on)

Maximise return on property investment ask about Quantity Surveyors report

Quantity Surveyors are Construction Cost Experts

 

 

 

 

 
 
ASK HOW BDSA CAN HELP YOU ESTIMATE AND CONTROL CONSTRUCTION COST!. call 1300 786 002
 

 

QLD, NSW, VIC, SA, WA, TAS ,NT, ACT, QUEENSLAND, NEW SOUTH WALES, VICTORIA, SOUTH AUSTRALIA, WESTERN AUSTRALIA, TASMANIA

BRISBANE, SYDNEY,MELBOURNE, ADELAIDE, PERTH, GOLD COAST, CAIRNS , PORT DOUGLAS, TOWNSVILLE, MACKAY, NEWCASTLE, CENTRAL QUEENSLAND, NORTH QUEENSLAND, WHITSUNDAYS, AIRLIE BEACH, FRASER COAST, KALGOORLIE, MT ISA, ALICE SPRINGS, HUNTER, NORTH COAST, NORTHERN NSW, NOOSA, COFFS HARBOUR, PENRITH, PARRAMATTA, BLACKTOWN, LIVERPOOL, NORTH SYDNEY, EASTERN SUBURBS, BLUE MOUNTAINS, LITHGOW, BATHURST, GOSFORD, PORT STEPHENS, SURFERS PARADISE, YEPPON, IPSWICH, GYMPIE, CHARTERS TOWERS, WOLLONGONG, HAMILTON ISLAND, MISSION BEACH, MORNINGTON
 

Copyright BDSA Building Depreciation Services Australia Pty Ltd 2012