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Proposed U.S. Tariffs Would Hike Construction Steel Prices, Economists Say

Proposed U.S. Tariffs Would Hike Construction Steel Prices, Economists Say

Trump must decide by mid-April whether to adopt Commerce Dept.'s proposed stiff penalties.

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Source: https://www.enr.com/articles/44033-us-tariff-recommendations-could-hike-construction-steel-prices-economist-says

Author: [email protected] (Tom Ichniowski)

1031 Exchange Options

1031 Exchange Options

In a 1031 exchange, one can exchange any real property for any other real property within the United States or its possessions, if the properties are held for productive use in trade, business, or for investment purposes and are like-kind properties. Examples of qualified like-kind changes can be an apartment building for farm / ranch, an office building for hotel, or an unimproved property for commercial property.

Exchange options are varied and can involve reverse exchanges, construction (improvement) exports, oil-gas exchanges, aircraft exports, or personal property changes.

The reverse exchange provides greater flexibility in structuring the exchange. This code does not allow for an exchanger to exchange into a property that is already owned. But reverse exchange offers the provision of closing on a replacement property, while still trying to sell the old property. There are various options in this exchange like the safe-harbor reverse, traditional reverse, construction / improvement, and the reverse leasehold improvement reverse.

Safe-harbor is a transaction where the accommodator takes control of the replacement property prior to the sale of the old property. Time frame provided is 180 days before which the transaction should be completed. Traditional reverse is a reverse exchange that typically looks identical in structure to the safe-harbor reverse, yet it will fall outside of the safe-harbor due to the fact that it can not be completed within the time frame provided. Construction / improvement is a type of reverse exchange that allows the exchanger to park a piece of property or land that will be built upon or improved during the exchange period. This is the most powerful reverse exchange available for development or construction process. Leasehold improvement reverse is an exchange whereby the exchanger will actually build on property they already own, treating the building as the parked property.

Personal property or aircraft exchange deals with like-kind changes personal property or aircraft respectively. Oil-gas exchanges are mineral or drilling equipment exports.

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Source: http://ezinearticles.com/?1031-Exchange-Options&id=408704

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Home Auto Repair

Home Auto Repair

Doing auto repairs at home is one of the best ways to keep a car in tiptop shape. Home auto repair is cost-efficient, too, because you can save on professional fees. All it takes to fix your car is a substantial amount of know-how plus a collection of quality tools.

For most people, doing things themselves has its own rewards. The most obvious benefit is that they get to save their hard-earned dollars. When it comes to auto repair, the same mindset applies. It is not surprising why there are many people who still prefer to fix their car in the comfort of their own homes instead of bringing their vehicle in for commercial auto repairs.

Home auto repairs allow car owners the chance to work closely with their own vehicles. They get to tinker around with their cars to identify if it needs tuning up or if a certain part needs replacing. Home auto repairs leave the responsibility in the hands of the car owner. Owners would not have to worry about mechanics mishandling their vehicles or charging them huge fees for simple auto repairs.

If you are planning on repairing your vehicle in the comfort of your own home, do thorough research first. The World Wide Web holds a lot of information regarding auto repair as well as do-it-yourself vehicle maintenance. You will also find a lot of car tips and trivia online.

It would also be wise to amass a collection of commonly used car tools and equipment. Wrenches, screws, jacks and bolts are among the tools you need to get together. You can buy ready car tool kits on the Internet. Do some comparison shopping. Look around for the best deals. Once you have narrowed down your choices to the tools that provide you with the most value for your money, it is easy to have them delivered right to your doorstep.

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Source: http://ezinearticles.com/?Home-Auto-Repair&id=352750

Author: [author]

Do You Qualify For A Home Repair Grant?

Do You Qualify For A Home Repair Grant?

If you've ever had damage done to your home or been involved in an unfortunate situation of having rain or snow engulf your dwelling. A home repair grant may be the perfect answer for your situation. This article will help you discover some places to look for help and how to find out if you qualify for a home repair grant.

The good news

They always say – the good news is the best place to start, and this article is no exception. Did you know that a home repair grant does not need to be paid back? Most home repair grants are either privately financed or government funded. There are grants for many different classes of people. From seniors to handicapped individuals in need of home repair grant assistance.

Seniors age 55 and older

Some cities have special programs that will offer a one time home repair grant to seniors age 55 and older. This can be a wonderful blessing if you are on a limited or fixed income. You would need to check with your local city officials to find out the exact requirements and availability in your specific area. But, this might be a great option to consider.

Private home repair grant

Often time's private individuals, prominent business people, and others will offer assistance through a private home repair grant. You may find this information at your local chamber of commerce or perhaps you might find local businesses running ads in your local newspaper offering assistance for home repair to qualifying individuals. One of the local realtors in my area has been helping individuals for several years with their needs. He usually offers to help with food expenses as well. This can be a real win – win situation for both you and the business person.

Disabled individual may qualify too

There are special programs available for certain disabled individuals who need assistance through a home repair grant. Check your city for disabled assistance programs to see if they can give you further information.

The internet is always a good place to search

The internet is a great place to start when trying to find information. You will find qualifications forms and many types of grants being offered. This will give you some things to compare. Although many of the programs online will be specific to a certain area; you may be able to find local listings, and direct numbers of people to contact for home repair grant assistance. Regardless of your situation it never hurts to do some checking around if you are in need of assistance.

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Source: http://ezinearticles.com/?Do-You-Qualify-For-A-Home-Repair-Grant?&id=629463

Author: [author]

Renovation Decisions When Remodeling Your Entire Home

Renovation Decisions When Remodeling Your Entire Home

Deciding on a whole house renovation depends on several factors. The first is whether or not what you want to do is within your budget. You may have great design ideas for your home such as a complete new kitchen, a dynamite master bath and designer second bathrooms. Completing the project includes new flooring through out the home with specialty hardwoods and custom stone flooring and tiles. However if your budget does not allow you to have everything you want then either choosing one project is the best option.

Also you will want to consider how much your property is worth and the comparative values ​​of homes in your neighborhood for the houses that have been renovated and the homes that have not had any major renovations. In some markets the homes that are in need of new kitchens and bathrooms will not sell at all and sit on the market for years. Add on the cost of the renovation and determine whether it is a good investment for short term and long term return on your renovation dollar. Keep in mind the intangible reward that you will receive from living in a home that is exactly what you want it to be.

A critical factor in determining if a whole house renovation project is for you is how much you are going to enjoy the process of picking out and making decisions on all the elements that your new old home will need. If you do not enjoy shopping and deciding on features then you most likely are not a good candidate for a do it yourself renovation project. You still can have your home remodeled but working with designer will be the best option for you.

When you opt for a complete renovation in your home you will want to plan on moving out while the work is going on. This will allow for the contractor to expedite the process and will definitely minimize your frustration of living in a construction zone. Depending on the size of your home and the amount of restructuring and redesign, you will be out of your home for three to several months. If you already have a designer and have chosen what you want and are willing to let your designer make decisions for you as the project evolves then you have the option of leaving town and enjoying a great vacation knowing you will be coming back to your new home .

If you do not want to purchase a new home yet you want the look and feel of a new home without the hassle and expense of selling your home, moving, and buying another home (along with all the wasted money on orders and closing expenses) then a complete home remodeling and renovation project is your solution. You will have all the elements of a new home yet better, each cabinet, counter, floor and fixture will be chosen by you or by your designer with your personal taste and style in mind.

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Source: http://ezinearticles.com/?Renovation-Decisions-When-Remodeling-Your-Entire-Home&id=3786792

Author: [author]

How to Schedule Home Remodeling Subcontractors for Maximum Efficiency

How to Schedule Home Remodeling Subcontractors for Maximum Efficiency

The scheduling of contractors is not something that can be handled willy-nilly. There is a standard sequence in which interior work always proceeds. If you ignore this sequence you will do so at your own peril. The following is the standard sequence for scheduling contractors.

Demolition – On a remodeling project demolition comes first. You may want to save materials that are in good condition if you need to patch remaining area later on.

Carpenters – To do rough framing of new walls and straighten floors and ceilings.

Insulation – Insulation must be done while walls and ceilings are still open.

Plumbers and electricians – To do the rough in of pipes, wiring, and heating systems before walls are closed in. Normally the plumber has the right of way since he relies on the pitch of the pipes to drain properly. Bathtubs are installed before the walls are finished.

Wallboard – Installation of wallboard along with the enclosing of mechanical and electrical systems

Plasterers – Finish wallboard

Electricians and plumbers – Return to do finish work, install fixtures, switches, surface outlets, appliances and radiators.

Carpenters – Return to do finish work such as baseboards, doors, moldings and cabinetry. New floors are then laid.

Painters – Paint finished walls, ceilings and woodwork.

Floor finishing – This comes last

Exterior Work

Any exterior work proceeds at it’s own pace along with the rest of the project and is more flexible than the interior work. The first thing to be done is usually work on the roof and gutters. Insulation is installed before repairs are done on siding or exterior finish. Then after the exterior finish is completed any required painting is done.

Get subcontractors together at the beginning to talk about relating tasks. For example, your electrician may need to do wiring for a pump or control systems which will be needed by the heating man. The heating man may need to talk to plumber about the cold water supply to the boiler. The installer for the alarm system may need to coordinate with the electrician.

Experienced subcontractors are used to interrelating work but you need to facilitate the communication at the beginning to make sure work is coordinated.

Another important point to remember is that tradesmen don’t like to shuttle back and forth between jobs. It is a much better use of their time to complete their stage of the work in one uninterrupted block of time. If a contractor has to stop because of scheduling problem on your part, it might be hard getting him back quickly. If you will be organized, flexible, forthright, and tactful you will have a much easier time getting along with subcontractors and keeping your project on schedule.

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Source: http://ezinearticles.com/?How-to-Schedule-Home-Remodeling-Subcontractors-for-Maximum-Efficiency&id=666668

Author: [author]

Congress Digs Into Trump Infrastructure Plan

Congress Digs Into Trump Infrastructure Plan

Months of waiting are over as President Trump has finally laid on the table a detailed outline of his long-promised infrastructure investment plan, which the administration says will produce at least $1.5 trillion for transportation, water and other projects over 10 years and trim federal project permitting time to no more than two years. 

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Source: https://www.enr.com/articles/43999-congress-digs-into-trump-infrastructure-plan

Author: [email protected] (Tom Ichniowski)

Questions to Ask When Hiring a Contractor

Questions to Ask When Hiring a Contractor

When choosing a contractor, it is important to know as much as you can about the contractor's qualifications, experience and reliability. These are just a few of the questions you should ask when choosing a contractor for your home improvement or home repair project.

Is the contractor licensed in your state / county / city?

Some states require contractors to have a license, while others will accept trade organization membership, job experience and education credits in lieu of a license. If the contractor is licensed, you can verify their credentials by calling your state licensing board, or by visiting the license boards website (available in most states). Also, the requirements vary from state to state, so it may be helpful to know whether the contractor was required to pass a licensing exam, or simply pay a fee for the license.

Is the contractor a member of any professional trade organizations?

If so, you can verify that the membership is in good standing.

Is the contractor well insured?

Most states require contractors to maintain certain insurance levels as a condition of the license, and you can often view insurance information on the state's website (in the same place you verify the contractor's license information). You should verify that the contractor has at least general liability coverage (property and injury), workmen's compensation coverage, and automobile coverage.

Is the contractor familiar with current building code requirements?

The contractor should be familiar with building code requirements for your area, and should know what permits will be required.

Does the contractor have references and a portfolio of previous work?

Contacting previous customers is a great way to verify the reliability of the contractor and the quality of work that you can expect. Also, a portfolio of previous jobs with detailed photos can help you see the quality of work that the contractor is capable of.

How long has the contractor been in business?

A contractor that has been in business for several years will generally be more stable, with less risk of sub-standard work or leaving a job unfinished. It can also be helpful to verify the contractor's financial standing through a bank reference, to insure the contractor will have the means to pay for supplies and materials.

The answers to these questions will be a good start towards finding a qualified contractor to help you with your home repair or home improvement project.

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Source: http://ezinearticles.com/?Questions-to-Ask-When-Hiring-a-Contractor&id=1826536

Author: [author]