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Everyone Wants in on Housing Flipping

Pro Builder

One Long Island-based house flipper says now is the best time to be in the business, but finding inventory to rehab is the hard part. Fixer-uppers are fighting over limited stock as the foreclosure moratorium closes off a usually solid stream of inventory. Remodeling. Read More. . Market Data + Trends. Market Data + Trends.

Housing 52
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Why Builders Wait to See Lower Lumber Prices

Pro Builder

NAHB Policy Brief | Lumber prices have moderated, but lower costs haven't worked their way to builders; New home prices too expensive for lower-income households. The problem for home builders and remodelers is that although lumber futures have begun to moderate, lumber packages quoted to builders have held at or near record highs.

NAHB 98
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QuickBooks Online Converted To QuickBooks Contractors Desktop Online

Contractor Bookkeeping

No Inventory Reporting. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. Example #1 - The contractor asks the bookkeeper "How much money did we make on the John and Mary Doe house remodel?" Cannot Easily Link Multiple Companies. Payroll Issues.

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FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

If you are a remodel contractor your core competencies revolve around bidding, proposing, closing deals, getting a deposit, scheduling the work, hiring construction workers and qualified sub-contractors, getting the work done and collecting the balance of your money. Residential Remodel Contractors. General Contractors.

FAQ 49
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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans may be used for, but not limited to: upgrading display lighting; advertising and promotion; payroll for additional staff and training; purchase of computers to enhance inventory control; and the purchase of display cabinets, furniture and fixtures. Fixed asset loans of up to $20,000 for terms not to exceed seven years.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The rates range from $.25 25 to $1.75

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

Income 75