Water Damage Restoration

Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of income that gets taxed. There are many valuable self-employment tax deductions for freelancers, contractors and other self-employed people who work for themselves. Here are 15 big ones to remember. 1. The home office deduction If you work from your home or use part of it in your business, then self-employment tax deductions like this one could get you a break on the cost of keeping the lights on. What you can deduct: A portion of your mortgage or rent; property taxes; the cost of utilities, repairs and maintenance; and similar expenses. Generally, this deduction is only available to self-employed people; employees typically cannot take the home office deduction. How it works: Calculate the percentage of your home's square footage that you use, in the IRS' words, "exclusively and regularly" for business-related activities. That percentage of...

Mold. It strikes fear in the heart of many a renter and owner, and for good reason. If you're not concerned about mold, you might want to put it on your radar, as it can cause health problems and damage property, and it's expensive to get rid of. This is the story of a Brooklyn condo owner who discovered way too late that her apartment—and building—had a mold issue. Read on for her (still ongoing) tale of woe about her two-bedroom, two-bath apartment that despite its $1 million-plus price tag, didn't escape the scourge.  Caption Brooklyn brownstones that look nice on the outside may contain hidden dangers. Condo living in brownstone Brooklyn  I live on the border of Carroll Gardens and Red Hook—otherwise known as the Columbia Street Waterfront District. It's a two-bedroom, two-bath apartment, and it's in a brownstone that about 10 years ago was gutted and converted into four units. The developer redid the interior of the...

Orangewood, Summit Partners and Sun Capital are just a few of the PE firms making deals in restoration. Share A - A + 100% To view this content, you need to sign in. You should only be asked to sign in once. Not the case? Click here Register now to access this content and more for free.

You can break down the cost of your flooded basement repair by looking at the type of damage and the extent of the problem. Type of Damage Water damage falls into four classes, ranging anywhere from $500 to over $50,000 for repair costs . This is based on the average-sized basement, which can be anywhere between 500 and 1,500 square feet. Here's a breakdown of each class: Class 1: Clean Water Damage This is the least costly class. You'll spend anywhere from $500 to $1,600 to repair a basement with clean water damage. This type of damage only involves a clean water leak, with no contamination, so you might not need to replace any carpet or wood flooring. Compare Quotes From Top-rated Basement Contractors Free, No-commitment Estimates Class 2: Gray Water Damage Cleaning Class 2 water damage costs between $2,300 and $4,000 on average. The water damage comes from gray water, which comes from your shower, washin...

Austin, Texas, April 05, 2024 (GLOBE NEWSWIRE) -- Austin Business Journal has been on a mission to honor businesses that form the financial backbone of Central Texas. Through the annual Family Business Awards, the organizers also shine a light on those prioritizing clients and keeping up with changes in their respective industries. In 2023, The Steam Team, a restoration contractor, was among the ten companies honored for their efficiency and contributions to their respective markets. Other notable winners in other categories include Matt's El Rancho and the Original Blacks Barbecue. "We were honored to be included in the family business awards with businesses like Matt's El Rancho and Original Blacks Barbecue of Austin," said David Marquardt. In addition to making a huge contribution to the Texas economic growth, The Steam Team is a premier restoration contractor serving commercial and residential clients. Among its offerings is water restoration, a service ...

LAKE WORTH BEACH — A sewage leak in and around Lake Worth Beach was finally stopped Saturday morning after millions of gallons of wastewater entered canals and waterways over the course of five days. The leak began Tuesday night after a contractor working with AT&T hit the sewer line near Florida Mango Road between Waterside Drive and the L-10 Canal. Lake Worth Beach Utilities Director Sam Heady said crews worked quickly to contain the leak, but that the devices that stop the flow of sewage were not installed and operational until early Saturday. Drinking water was not impacted by the sewage leak. Now, crews are using vacuum trucks to remove contamination from the affected canals and aerators to add oxygen back to the water. The cleanup process is likely to take months, according to Heady. Early estimates place the amount of sewage spilled between 3 and 5 million gallons — or enough to fill between six and 10 Olympics-sized swimming pools. Which waterways and canals were impact...

To determine the best fire damage restoration companies ranking, the Forbes Home editorial team analyzed 14 top companies, with each company's rating determined by evaluating a variety of metrics, including: Company Years in Business (6%) How long a compant has been in business can be one of many factors that helps to indicate it's standing within the industry. With that in mind, we alotted a small percentrange of each company's overall ranking to how long it's been in business. Price and Warranty (10%) Average prices stated in sample restoration scenarios for fire, mold and water damages and the warranty each company offers made up 10% of the points awarded in our review. Emergency Response and Certifications (24%) Listed company and technician certifications and emergency response times were included in our review, as well as details relating to whether or not rush jobs and emergency hotlines are available to customers. Service Features (14%) The quant...

Jennifer Darconte was driving her SUV at nighttime when an animal darted in front of her. "Something came running across and I just tried to avoid it," she said. Darconte swerved and smashed into a light post in Corona.  "I could tell right away the car was in really bad shape," she said. In fact, she totaled her 2011 GMC Yukon.  Darconte called her insurance company, National General, and was stunned to learn that they weren't going to pay up.  "I was not expecting to be told, 'We're not going to cover this. You're out a $10,000 vehicle,'" she said. National General told Darconte that when she first applied for insurance, she failed to disclose that she had a 14-year-old son.  "I said, 'Are you kidding, what are you talking about? I can't believe this is happening to me.'" she said. "And he said, 'Yeah, I'm sorry, you failed to in...

A driver's license examiner helps a customer. The driver's license office in Clayton now opens at 7 a.m. N.C. Division of Motor Vehicles photo The N.C. Division of Motor Vehicles has expanded the hours of its driver's license office at 1665 U.S. Old U.S. 70 in Clayton. The office now opens at 7 a.m. instead of 8. Also, the office at 222 Forest Hills Drive in Garner has started opening at 7. "This expansion is another step in a series of pro-customer changes over the past 18 months," said DMV Commissioner Wayne Goodwin. "Those changes have included adding more online services, hiring additional staff, increasing office hours and implementing new technology." The DMV offers the following tips for an improved customer experience: • Renew early — Don't wait until the last minute to renew your driver's license or ID card. The DMV sends a reminder card to the address on file six months before the expiration date. Cu...

For millennia, tribes from across the Columbia Plateau gathered at Spokane Falls—"Stluputqu" in Salish, meaning "swift water." At the celebration, in what is now the city of Spokane, Washington, an appointed Salmon Chief would oversee the harvest and distribution of salmon, ensuring that enough fish made it up the river to reproduce and that the rest of the catch was distributed evenly among everyone. But then came the settlers, industry, and dams, and the salmon disappeared.  There is now some hope of restoring salmon to the region. Last September, the Biden administration  announced an agreement that would provide $200 million in funding over 20 years for the  Upper Columbia United Tribes (UCUT) to reintroduce salmon populations back into the Upper Columbia region. The funding was part of a larger effort by the White House, which continued in February when the administration  signed a $1 billion agreement with four Columbia R...

Robust revenue growth with a 9% increase in total revenues year-over-year. Significant 41% surge in net income available to common stockholders. Comprehensive income affected by market volatility, highlighting the importance of risk management. Strategic positioning in diverse insurance segments to leverage market opportunities. On April 25, 2024, The Hartford Financial Services Group Inc (NYSE:HIG) filed its 10-Q report, revealing a financial performance that underscores the company's resilience and strategic acumen in a complex market landscape. The Hartford, a leading provider of property and casualty insurance, group benefits, and mutual fund services, has reported a notable increase in earned premiums from $5,063 million in Q1 2023 to $5,446 million in Q1 2024. This growth is complemented by a 41% rise in net income available to common stockholders, from $530 million to $748 million, reflecting the company's effective management and competitive edge. However, comprehensive...

MINNEAPOLIS — BluSky Restoration Contractors LLC, a leading national property restoration company in the U.S., continues to expand its presence with the opening of its newest office in the Minneapolis, Minn. area. "We are thrilled to service the Minneapolis area with this new office," said Drew Bisping, BluSky CEO. "We continue to grow where our clients grow and need us most. Investing in this new facility gives us greater capacity in the area and allows us to respond even more quickly for our clients." Nick Fossum will oversee operations as vice president of the Minneapolis location. Fossum  joined BluSky with seven years' experience in the restoration industry, including construction management and estimating commercial and residential projects. He joined BluSky in 2020 as a project director in the Fort Collins, Colo. location. Fossum  is certified with the IICRC for WRT and ASD as well as Lead Certification, Crane Operations, and OSHA 10. He...

Solid hardwood flooring is arguably the most sought-after flooring amongst homeowners ; so much so that manufacturers of other types of flooring such as luxury vinyl or porcelain tiles have invested heavily into making their faux wood flooring look as close as possible to the "real deal" as possible. It's clear that real hardwood flooring can be pricey but has a cachet that is hard to beat. Partly because it is universally loved: it appeals to both those who favor classic style, as well as to those who want their home to look and feel as natural as possible. It can suit numerous interior design styles, from polished minimalism to farmhouse chic.  It also remains one of the more durable types of flooring, and it can be periodically refinished to look as new. Request a flooring project quote 1 Choose your type of flooring project. 2 ...