Oklahoma Home Builder News - OSHBA

 

National Home Remodeling Month Made Easy

Posted on May 9, 2018 by Jorie Helms

Home owners spent more than $152 billion in remodeling projects in 2017. And this year is projected to be even busier for the remodeling industry, which typically kicks into high gear each year as the warmer weather of spring sets in.

That’s why May is the best time to celebrate National Home Remodeling Month — an opportunity for remodelers and home builders across the country to promote their businesses and raise consumer awareness of the benefits of hiring a professional remodeler to get the job done.

For members of NAHB Remodelers, building a strategy couldn’t be easier: They have access to a step-by-step guide for National Home Remodeling Month and tips to maximize promotion efforts, as well as an online toolkit filled with free resources, including:

  • Social media graphics and sample posts
  • A consumer brochure on finding the right professional remodeler
  • An infographic highlighting aging-in-place statistics
  • An article about the benefits of green remodeling
  • Lists of top remodeling projects

Additionally, NAHB Remodelers is hosting five free professional development webcasts in the month of May exclusively for NAHB Remodeler members. The webcasts will be held May 1, 8, 15, 22 and 30, and each will begin at 1 p.m. ET.

National Home Remodeling Month is sponsored by AmerifirstBuildDirect and Paslode.

For questions about these members-only resources, contact remodel@nahb.org. You can also join the NAHB Remodelers Facebook and LinkedIn groups for continued discussion and to share ideas. Or to learn about joining NAHB Remodelers, visit nahb.org/whynahbr.

 

 

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Acme Brick celebrates 127 years!

Posted on April 19, 2018 by Jorie Helms

Fort Worth, Texas - Acme Brick Company is celebrating the company’s 127th year in business on April 17th by presenting each employee with two pair of cotton/spandex socks. One pair bears an image of Acme’s Brick Boy mascot who makes appearances at various events.  The second pair features the famous Acme red logo.  “Sometimes you need to build top of mind awareness for your company from the bottom up”, quipped Acme’s Director of Marketing, Britt Stokes.

     Acme was founded on April 17, 1891, just 26 years after the end of the civil war and the same year that James Naismith invented the game of basketball.  Also in 1891 Benjamin Harrison was President of the U.S. and Thomas Edison patented the “transmission of signals electrically” otherwise known as radio!

     Acme had its humble beginnings on the banks of Rock Creek, near the town of Millsap, about 30 miles west of Fort Worth, Texas.  

The company has grown to become the largest U.S. brick company in the world. Acme residential and commercial masonry products are available throughout the U.S., and southern Canada. The company 

 

has produced brick for well over two million homes during its history and many thousands of commercial, civic and educational buildings. Acme Brick Company has consistently ranked at the top in opinion surveys of the nation’s largest homebuilders concerning product quality and product awareness and is the only brick manufacturer that stamps its logo into residential brick products.  All

 residential brick products are supported by Acme’s Homebuyer’s 100 Year Limited Guarantee.

     Acme now offers many other home-related products: Iron Doors, fire pits and fireplaces, quality grills, outdoor kitchens, traditional fireplaces, natural and man-made stone, wood floors and tile.

Acme Brick company is the nation’s largest brickmaker. The company owns 17 brick plants and has 69 company-owned sales offices across 14 states, plus a nationwide network of independent distributors. Acme has been a wholly-owned subsidiary of Berkshire Hathaway, Inc. since 2000.  For more information visit www.brick.com.

 

 

For more PRESS information contact: Ron Taylor/Ashley & Taylor Public Relations (817) 874-8206 or taylorpr@spindle.net.

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Another Reason to Keep the Capital Gains Exemption

Posted on April 9, 2018 by Jorie Helms

 

For the past several days, there has been a movement at the House of Representatives to try and pass SB 1086, a bill to remove the exemption on Capital Gains.  A lot of attention has been given the issue because the consultant hired to evaluate the exemption recommended its demise.  The Incentive Evaluation Commission instead voted to retain it.

I would like to submit another reason this exemption should remain in place.  It is from my experience as the former Oklahoma County Assessor.

The way ad valorem (property) taxes work is this.  A piece of property is assessed according to market value each year.  Most of the time, this reassessment causes the property value to rise.  This increased assessment results in higher property taxes.

Yet this resultant increase in property taxes is on unrealized gain.  The property in question has not necessarily increased your cash flow and in many instances not at all.  Nevertheless, a person pays property taxes on that unrealized gain.

As most of us know, the largest portion of property taxes goes to Education.

So I submit, the gain on real property has already been taxed for education.  To do so again due to loss of the capital gains exemption will result in double taxation.

SB 1086 is a bad idea.  Let’s hope the House of Representatives does not bring it up for a vote.

 

Mike Means, Executive Officer

Oklahoma State Home Builders Assn

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How to avoid unexpected workers’ compensation costs when working with subcontractors

Posted on April 6, 2018 by Jorie Helms
 
 
 

Provided by: Gene Spencer, Director of Underwriting, CompSource Mutual Insurance Company

Contractors often ask, “How do I

protect myself from being held liable for

a subcontractor’s workers’ compensation claim or getting hit with premium during the premium audit?” The short answer is, understand what constitutes an employer/employee relationship, work with subcontractors you trust and make sure they have workers’ compensation insurance.

You become liable for workers’ compensation premiums and potential claims when the contractor/subcontractor relationship is, in fact, an employer/employee relationship. To determine if this relationship exists, use the IRS guidelines for actions that establish an employer/employee relationship. The IRS recommends evaluating the entire relationship and consider the degree and extent of control and independence the subcontractor has, and document each factor

Editor’s Note: OSHBA has an affinity arrangement with CompSource.

used in making the determination. The premium auditor will look at these and others specific to workers’ compensation to determine if premium should be collected for the assumed risk during the policy period.

Keep in mind, you could still be liable for a workplace accident, even if an employee/employer relationship does not exist. This occurs when a subcontractor does not have a valid workers’ compensation insurance policy, and one of their employees is injured on your job site. If a valid insurance policy is not in place, the liability rolls up to the contractor. Therefore, it is imperative you always get a Certificate of Insurance before work begins and, when possible, work with contractors you know and trust. Working with a trusted subcontractor reduces your likelihood of having to assume a direct supervisory role with the subcontractor or their employees that could cast you in the role of the subcontractor’s employer. Additionally, a reliable partner with an established track record is more likely to maintain appropriate workers’ compensation coverage for their employees.

Sometimes, it is necessary to work with new vendors; contractors can still take measures to protect their business, such as:

• Be familiar with what creates an employer/employee relationship

• Know what an authentic Certificate of Insurance looks like

• Know who qualifies to use a Certificate of Non-Coverage

• Get a Certificate of Insurance or Certificate of Non-Coverage well in advance of work being started and set reminders to request updated certificates before they expire

By using these tips when you hire a subcontractor, you can help protect your business. For more information on this or other workers’ compensation insurance questions, visit our website at or call one our underwriting, claims or loss prevention experts at (405) 232-7663. 

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March President's Report from David Blackburn of Classè Homes OSHBA.

Posted on March 22, 2018 by Jorie Helms

Thank you Rock Cafe for letting us use your beautiful restaurant!

 

 

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HBI Receives $50 Million Grant to Train 20,000 Skilled Workers

Posted on March 15, 2018 by Jorie Helms

 

The Home Depot Foundation announced yesterday a $50 million commitment to partner with HBI to train 20,000 new skilled workers over the next 10 years.

HBI, the industry’s education arm, trains separating military members, high school students and at-risk youth for careers in the skilled trades. The grant will significantly increase the number of workers trained through HBI curriculum and help address the industry’s labor shortage.

“We want to bring shop class back, from coast-to-coast,” said Shannon Gerber, executive director of The Home Depot Foundation. “We’re thrilled to train 20,000 next-generation plumbers, electricians, carpenters and beyond.”

HBI joined forces with The Home Depot Foundation last year to launch a pilot trades training program for military members at Fort Stewart, Georgia and Fort Bragg in North Carolina. The first set of students will graduate this month.

“Our program prepares men and women for high-growth careers in the industry after leaving military service,” said HBI CEO John Courson. “With 200,000 service members separating from the military every year, our partnership with The Home Depot Foundation enables us to serve more veterans across the country.”

The 12-week pre-apprenticeship certification program, which is provided at no cost to students, uses industry-based curriculum recognized by the Department of Labor that integrates work-based learning with technical and academic skills. The program, which has a job placement rate of more than 90%, will now roll out on additional bases across the United States.

Learn more about HBI’s training programs at hbi.org.

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