Top articles for Construction & Real Estate

Commercial Real Estate Leasing Guide

Commercial Real Estate Leasing Guide

Commercial real estate is a generic term for real estate that is not single-family housing. This includes such a variety of property types including retail locations, office buildings, land zones for commercial purposes, apartment complexes, warehouse, manufacturing facilities, and hotels. Some real estate agents focus primarily on commercial real estate.   ...read more

How to Train for a Construction Management Project

How to Train for a Construction Management Project

The key roles of individuals who serve in construction management project positions include project management planning, cost management, contract administration, CM professional practice, and time management. If you are seeking a career in this field, keep in mind that there are several ways to train for this position. ...read more

Types of Construction Management Programs

Types of Construction Management Programs

Construction managers are responsible for dealing with the various design, planning and execution of construction projects. In most situations hands-on experience is the best precursor for this position, however, a degree in construction management can greatly enhance your work performance. ...read more

Facts on Construction Jobs

Facts on Construction Jobs

When you look at a finished construction project, it's easy to forget about the countless people that were involved in the project from start to finish. Rather than a large group of people with hammers laying bricks, individuals involved in construction projects all have unique roles. ...read more

Recent Reviews View all

Aatari, Inc.

1.0

By NoNono

This is my phone number please take this down ...read more

Aatari, Inc.

1.0

By NoNono

Please take this down this is my cell phone number ...read more

Tri Star Construction LLC

5.0

By Blue Moose Vending Management Anaheim

Tri Star has great customer service and they work with you on your budget. Give them a call and see if they can help you get your project done. Blue Moose Vending Management ...read more

New Photos 25 photos

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For All Your Construction Needs

Residential Builders of Custom Homes, Large Remodeling&Additions, Kitchen & Baths, Architectural MakeOvers, Pools & Hard Scapes. Commercial Builders of Restaurants, Retail, T.I. improvements, Dr Offices & DDS, Churches.310.540.6642 ...read more

By Tri Star Construction LLC October 28, 2012

Tax Deduction for Home Repairs or Improvements?

Can I take a tax deduction for home repairs or home improvements on my tax return?Generally, you cannot deduct home repairs or home improvements on your tax return in the current tax year.Home improvements add to the value of your home, prolong its useful life, or adapt it to new uses. You add the cost of home improvements to the tax basis of your property. Examples of home improvements include putting a recreation room in your unfinished basement, adding another bathroom, or bedroom, putting up a fence, putting in new plumbing or wiring, putting on a new roof, or paving your driveway. Home repairs maintain your home in good condition. They do not add to its value or prolong its life, and you do not add their cost to the tax basis of your property. Nor can you deduct home repairs on your tax return. Some examples of home repairs include repainting your house inside or outside, fixing your gutters or floors, repairing leaks or plastering and replacing broken window panes. The entire job is considered a home improvement, however, if items that would otherwise be considered home repairs are done as part of extensive remodeling or restoration of your home.IRS publications about home repairs or home improvements:For a list of some other examples of home improvements, refer toIRSPublication 523,Selling Your Home. Also seeIRSPublication 551,Basis of AssetsandIRSPublication 17,Your Federal Income Tax.Please read thisIMPORTANT Editor's Noteregarding navigating IRS publications with Adobe Acrobat Reader. IRS publications can also be ordered by calling 1-800-829-3676.Blog provided bySouth Bay Home Services, the Go-to-Guys for all your household needs big or small... Serving the Palos Verdes Peninsula, South Bay Beach Cities and adjacent areas in and around LAX with over 20 years of experiences in assorted trades. All work guaranteed. Call (310) 944-4977 to schedule a FREE consultationSource: Julian Block atWorldWideWebTax.com ...read more

By South Bay Home Services September 07, 2009

Rehab, Renovate OR BUY your Home with a Government Loan! HUD's 203(k)

Obviously you need to consult a licensed loan professional, however as I understand HUD's 203(k) program not only can you attain the funds to Rehab or Renovate your existing home, you can use the program to acquire a new home! There are thousands of stellar deals currently on depressed residential properties and through HUD's 203(k) you can bundle the rehab cost into the first mortgage, close "as is" and create your dream home. I believe you can even have a number of payments factored into the loan as well… Only certain banks have departments that specialize in this program and you need to be sure that you're dealing with one of these experienced groups. Below is an excerpt the Department of Housing and Urban Development (HUD) website as well as a link to the entire program profile. There are some great real estate opportunities out there and this may be a way to capitalize on one that's right for you.~SBHSRehab a Home w/HUD's 203(k)The Federal Housing Administration (FHA), which is part of the Department of Housing and Urban Development (HUD), administers various single family mortgage insurance programs. These programs operate through FHA-approved lending institutions which submit applications to have the property appraised and have the buyer's credit approved. These lenders fund the mortgage loans which the Department insures. HUD does not make direct loans to help people buy homes. The Section 203(k) program is the Department's primary program for the rehabilitation and repair of single family properties. As such, it is an important tool for community and neighborhood revitalization and for expanding homeownership opportunities. Since these are the primary goals of HUD, the Department believes that Section 203(k) is an important program and we intend to continue to strongly support the program and the lenders that participate in it. Many lenders have successfully used the Section 203(k) program in partnership with state and local housing agencies and nonprofit organizations to rehabilitate properties. These lenders, along with state and local government agencies, have found ways to combine Section 203(k) with other financial resources, such as HUD's HOME, HOPE, and Community Development Block Grant Programs, to assist borrowers. Several state housing finance agencies have designed programs, specifically for use with Section 203(k) and some lenders have also used the expertise of local housing agencies and nonprofit organizations to help manage the rehabilitation processing. The Department also believes that the Section 203(k) program is an excellent means for lenders to demonstrate their commitment to lending in lower income communities and to help meet their responsibilities under the Community Reinvestment Act (CRA). HUD is committed to increasing homeownership opportunities for families in these communities and Section 203(k) is an excellent product for use with CRA-type lending programs. If you have questions about the 203(k) program or are interested in getting a 203(k) insured mortgage loan, we suggest that you get in touch with an FHA-approved lender in your area or the Homeownership Center in your area. Introduction Section 10 1 (c) (1) of the Housing and Community Development Amendments of 1978 (Public Law 95557) amends Section 203(k) of the National Housing Act (NHA). The objective of the revision is to enable HUD to promote and facilitate the restoration and preservation of the Nation's existing housing stock. The provisions of Section 203(k) are located in Chapter II of Title 24 of the Code of Federal Regulations under Section 203.50 and Sections 203.440 through 203.494. Program instructions are in HUD Handbook 4240-4. HUD Handbooks may be ordered online from The HUD Compendium or from HUDCLIPS. 203(k) - How It Is DifferentMost mortgage financing plans provide only permanent financing. That is, the lender will not usually close the loan and release the mortgage proceeds unless the condition and value of the property provide adequate loan security. When rehabilitation is involved, this means that a lender typically requires the improvements to be finished before a long-term mortgage is made. When a homebuyer wants to purchase a house in need of repair or modernization, the homebuyer usually has to obtain financing first to purchase the dwelling; additional financing to do the rehabilitation construction; and a permanent mortgage when the work is completed to pay off the interim loans with a permanent mortgage. Often the interim financing (the acquisition and construction loans) involves relatively high interest rates and short amortization periods. The Section 203(k) program was designed to address this situation. The borrower can get just one mortgage loan, at a long-term fixed (or adjustable) rate, to finance both the acquisition and the rehabilitation of the property. To provide funds for the rehabilitation, the mortgage amount is based on the projected value of the property with the work completed, taking into account the cost of the work. To minimize the risk to the mortgage lender, the mortgage loan (the maximum allowable amount) is eligible for endorsement by HUD as soon as the mortgage proceeds are disbursed and a rehabilitation escrow account is established. At this point the lender has a fully-insured mortgage loan.Read the entire article on HUD's 203(k)Blog provided bySouth Bay Home Services, the Go-to-Guys for all your household needs big or small... Serving the Palos Verdes Peninsula, South Bay Beach Cities and adjacent areas in and around LAX with over 20 years of experiences in assorted trades. All work guaranteed. Call (310) 944-4977 to schedule a FREE consultation ...read more

By South Bay Home Services September 01, 2009

Where do you need Construction And Real Estate Companies ?