All Topics / Legal & Accounting / killed as brick wall of home collapses

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  • Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    Hope no one out there owned this property as an investment,

    Boy, 11, killed as brick wall collapses

    An 11-year-old boy died when a brick column fell on him at his Brisbane home today.

    http://www.smh.com.au/news/national/boy-11-killed-as-brick-wall-collapses/2006/05/29/1148754929374.html

    Terryw
    Discover Home Loans
    Parramatta
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    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
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    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of Stuart MilneStuart Milne
    Member
    @stuart-milne
    Join Date: 2006
    Post Count: 196

    Terry, I heard this on the radio and it really is a tradgedy. I can only feel for the Parents of the boy. It is also not a great situation for the owner of the Property and shows just how relevant an annual Building and Pest inspection really is to avoid these situations. I know it is something a lot of Investors overlook and/or pass off as too expensive, but how much value do we place on a life? And just to help ease the hurt the tax man rebates some of the costs as well.

    Maybe a bit of food for thought…

    Stuart Milne
    Non-Conforming Specialist
    READY Mortgages
    http://www.readymortgages.com.au
    [email protected]
    Mob: 0404 056 055

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