Why New Home Construction Costs Are Rising

For home builders, construction costs continue to rise. Here’s what’s causing the increases and what builders can do to help mitigate lost revenue

One of the biggest ongoing concerns for home builders is the rise of construction costs in new home construction that impact their hard-earned businesses.

Mid-year Money Check-Up: Reassess Your Financial Plan after Tax Season

Successful financial planning requires consistency, commitment, and a mid-year review

When facing a new year, it’s much easier to get motivated and enthusiastic about setting goals and making plans; after all, a fresh new calendar year seems like the ideal time to harness your energy and ideas in an effort to make a marked difference to the future that lies ahead.

How a Financial Advisor Can Help You This Spring

Hiring a financial advisor can help you whip your cash flow management into shape

Successful business owners recognize that they can’t do everything alone. This year, don’t let taxes and reporting take up all the time you need to devote to building your business and managing operations.

How to Boost Customer Service This Spring

Focusing on taxes for your home building business can take away from customer service leading up to April 15th. Don’t let it happen this year

Any business sees the importance of customer service every day. Building positive relationships is a long process you begin with initial lead generation, finesse during the sale, and continue long after a deal is made.

The Elimination of DPAD: What Home Builders Need to Know

The domestic production activities deduction (DPAD) was eliminated in 2018 by the Tax Cuts and Jobs Act, but you may still be able to claim it on previous tax years 2016 and 2017 via an amended return

The new tax law, known as the Tax Cuts and Jobs Act (TCJA), was signed by President Trump in late 2017 and went into effect at the beginning of 2018. The TCJA made many changes to tax law, including an expansion of the standard deduction and child tax credit, and removal of credits like moving expenses.

Continued Growth: Updating Your Business Goals

Create new growth goals that are specific and attainable

With a somewhat uncertain economy and housing market wrapping the end of 2018, home builders may be cautious moving into the new year. However, the construction industry is still expected to remain one of the fastest-growing markets.

Tax Credits for Homebuilders

Tax law is always changing. As a contractor or home builder, make sure you keep up with and take advantage of, tax credits that may be available to you.

Tax time is getting closer, and while everyone has been adapting to the most recent tax law changes, after the Tax Cuts and Jobs Act that was signed in late 2017, those in the construction realm have seen some big impacts.

Aging in Place: How Home Builders Can Accommodate the Elderly

Why should home builders focus on addressing the needs of aging populations?

More people want to age in place and stay in their homes. Learn how to rethink structures by addressing accessibility needs. Research from Harvard’s Joint Center shows that one in three homeowners in the U.S. is over the age of 65. Of this number, which is made up of over 25 million households, 44 percent require accessibility updates in their homes to continue living there.