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In This Issue
The Lowdown on Home-Buyer Tax Credits
Tax Credits for Energy Efficient Improvements: UPDATE
Timber Frame of the Month
Check Out This Lamp!
Go Green: 101 Ways to Save Green and Live Green
About TFBC
Quick Links
 Need help finding a timber frame professional?
 
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November 2009, Issue 14

 
The Lowdown on Home-Buyer Tax Credits
by Laura Saunders, The Wall Street Journal
 
Last week, President Barack Obama signed a law that extends through next spring a temporary tax credit of up to $8,000 for some first-time home buyers, which was due to expire Nov. 30. The law also adds a new tax credit of up to $6,500 for certain repeat home buyers. The package, which the government estimates will cost a total of $11 billion, is intended to help spur housing sales, a critical part of the economy.
 
Here are some answers to common questions about the new rules.
 
Q: What has stayed the same in the new law?
 
1) First-time home buyers still get a credit of as much as 10% of the purchase price, up to a maximum $8,000. "First-time" means people, including both partners of a married couple, who haven't owned a principal residence for three years before the purchase.
 
2) All taxpayers who claim a credit must use the home as a principal residence for the next three consecutive years.
 
3) The credits offer dollar-for-dollar reductions of tax and are refundable. This means that a taxpayer who doesn't pay enough tax to offset the credit can get a refund. For example, if you qualify for an $8,000 credit but only owe $5,000 in tax, you could receive a $3,000 check from the Internal Revenue Service.
 
4) Under the new law, as under the old, 2009 home buyers may claim the credit on either their 2008 or 2009 returns, and 2010 buyers may claim the credit on either their 2009 or 2010 returns.
 
5) Taxpayers do not qualify for a credit if they buy from a lineal ancestor or descendent, including parents or grandparents and children or grandchildren.

 
To see what has changed and anwsers to other pertinent questions, click here.
Tax Credits for Energy Efficient Improvements: UPDATE
Last month we reprinted an article concerning tax credits for energy efficient home improvements.  Shortly after being sent out, Carolina Timberworks, LLC, a member of the Timber Frame Business Council, contacted us with updated information. Take a look at what they said:
 
"...The information you were given for the October newsletter was correct, but not up to date.  The exciting thing is that effective Jan. 1 2009, the federal tax credit was increased--in a huge way.  As your source noted, up until this year, the federal tax credit for solar electric (PV)  & solar thermal systems was 30% but capped at $2,000.  Effective Jan. 1st of this year, the federal cap was lifted.  This makes a huge difference.  Last year, a 3 kW PV system costing $30,000 received only a $2,000 tax credit, meaning the net cost to the homeowner (before any applicable state credits or rebates) was $28,000.  This year, and through 2016, that same system would cost the homeowner $21,000 (before state tax credits or rebates if applicable).  It gets really exciting when a state offers a tax credit or rebate program.  For example, NC has a 35% tax credit--bringing the cost of the $30,000 system down to roughly $13,650.  Remember that this exact same PV system, 10 1/2 months ago would have cost the homeowner $28,000."
 
For accurate and up-to-date information on the renewable energy tax credits is www.dsireusa.org.
 
We thank Carolina Timberworks LLC for the information and hope you can benefit from this valuable update!
Timber Frame of the Month: New Timber Frame Meets Old Log Cabin
Cabin AdditionThis month's Timber Frame comes from Oakbridge Timber Framing, LTD, based out of Howard, Ohio.
 
This OakBridge timber frame home is beautiful, complete with all the aesthetic beauty and charm that comes from a quality handcrafted timber frame home.  What makes it so unusual is that the home is technically an addition...  to a nearly 200 year old log cabin.  The log cabin has a bathroom, sitting room and two bedrooms, while the timber frame main house adds 1200 square feet of living space on two floors, all the while maintaining stylization that brings the two structures together harmoniously.  It's an excellent example of old meets new (though both are, of course, some of the oldest methods of building), savoring history, and of course, the accomplishment of a challenging task in joining the two structures together.  
 
Cabin Addition Exterior  Cabin Addition Interior 1  Cabin Addition Interior 2
Photographs by Roger Wade Photography 
For a larger view, click on each photo.
To see the floor plan of this project, click here.
Check out this lamp! 
Timber Artworks LampThe Timber Frame Business Council staff recently came across this beautiful lamp, custom made by the company Timber Artworks. Perfect for home or office, this lamp comes in several different finishes and is the perfect gift for the timber frame enthusiast this holiday season.
 
Check out Timber Artworks' website for more information and photos. 
Go Green: 101 Ways to Save Green and Live Green
TFBC Has Always Been GreenEach month we will be including ways to go green in our newsletter, courtesy of Pennywiseguides.com, in hope that it will help our readers live a happier and healthier lifestyle. Below are 15 of the 101 ways to save Green and live Green. Check back each month for the more of the 101 ways, and feel free to send us your suggestions.
 
Ways to Go Green at Home
1. Freecycle: Everyone has at least a few items that they don't really want but can't bear to throw away. Freecycle it. Freecycling is giving something to someone who will use it -- for free -- instead of throwing it in the garbage. (To find or start a local group, visit freecycle.org). It's simple: post a message on your local freecycle group's Web site, decide who will get your item, then arrange a pick up time. Members give and get everything from moving boxes to cabinetry.

2. Re-Use: A great way to help the environment and reduce your carbon footprint is to reuse items. There are two ways to reuse items. Reusing them for their original purpose, such as ziploc bags, tinfoil, plastic utensils etc. and finding new uses for things you already own. By doing this you are not consuming any more of the world's precious resources. If you can't reuse something of your own, purchasing something secondhand instead of brand new is another way to reduce your consumption of resources.

3. Microwave your meals: While Microwaves do consume electricity they are between 3.5 and 4.8 times more energy efficient than traditional electric ovens. Cooking and reheating with a microwave is faster and more efficient than a stove top or oven.

4. "Green" your laundry: Get your clothes clean without all of the pollution of detergents, fabric softeners and bleaches by switching to eco-friendlier cleaners. The companies Ecover, Sun & Earth, Seventh Generation and OxyPrime make less-toxic alternatives to traditional laundry detergents. Try nonchlorine bleach such as OxyBoost or Ecover's hydrogen peroxide-based option.

5. Adjust your Thermostat: Adjusting your thermostat is free, easy and can yield big savings. Every degree you raise your thermostat in the summer will reduce air conditioning bills by about 2 percent. Lowering the temperature by one degree in winter will save you 3 percent on heating bills. Regular maintenance and a tune up every two or three years will keep your heating, ventilation and air conditioning, or HVAC, system operating efficiently, saving energy and money. A programmable thermostat -- excellent for a family that spends a good part of the day at work or school

6. Switch to cold water:Almost 90 percent of the energy used to wash clothes is used to heat the water. Save money and energy. Wash your clothes in warm or cold water, instead of hot, using a detergent formulated for cold-water use.

7. Have a Backyard or terrace? ..then Line-dry your clothes: Dry your clothes on a laundry line..just the way grandma used to rather than throwing them in the dryer. Clothes dyers are the third-largest energy users in the home, behind the refrigerator and washing machine. It may take longer but it dries it just the same. Already have a dryer?..save it for a rainy day...while the sun is bright and shinning let that dry your clothes.
 
8. Stop the junk mail: Each year, 100 million trees are cut down and turned into junk mail, with Americans receiving a total of 400 million tons of it every year. Earthworks Group, an environmental consulting firm, said cutting out junk mail is one of the most effective things people can do to reduce pollution. Don't just let it keep coming...get on the phone and make it known that you want off their mailing lists.

9. Switch to CFLs.: Compact fluorescent bulbs use 75 percent less energy than incandescent bulbs and last up to 10 times longer. They're more expensive than traditional light bulbs, but it only takes about 3 months to make up for the higher sticker price in energy savings.

10. Unplug your Appliances: Many appliances use electricity even when they're turned off. It's called a phantom load, or vampire electricity, and as much as 75 percent of the electricity used by home electronics and small appliances is used while they're turned off. The simple solution is to unplug small appliances and electronics when you aren't using them. Or, plug them into a power strip and turn the power strip off when you aren't using those items.

11. Run your Dishwasher FULL: You'll save up to 20 gallons of water per load, or 7,300 gallons a year. That's as much water as the average person drinks in a lifetime. And don't pre-rinse if your dishwasher can handle it.

12. Don't preheat: Don't bother if you are broiling, roasting or baking a dish that will cook for an hour or more. Don't preheat for more than 10 minutes for breads and cakes. And when roasting meats or baking casseroles, turn off the oven 10 minutes to 15 minutes before cooking time runs out; food will continue to cook without using the extra electricity.

13. Don't let the water run while you brush: Turn off the tap while you brush your teeth. You'll conserve up to five gallons of water per day -- which could add up to 1.5 billion gallons that could be saved across the country each day -- more than enough for all of New York City.

14. Filter Instead of Buying Bottled: Buy a water filter for your kitchen faucet and put to good use yet another way to do away with those plastic water bottles that are clogging landfills and burning up energy in recycling plants. About 1.5 million tons of plastic are used on the bottling of 89 billion liters of drinking water each year.
 
15. Use low-flow water devices: Wherever you use water, there's a low-flow device to fit it -- from hose nozzles, to showerheads, to faucet aerators. Handy products, such as the WaterMiser Waterbroom, use water and air pressure to remove dirt from outdoor surfaces, reducing water use by up to 60 percent.
 
Ask the Expert 
Do you have a question about your home or building project?  Please forward your questions to pam@timberframe.org and the answer may be found in the next edition of "In Touch." 
Tell Us Your Story
If you have built a timber frame home and you'd like to share your story with our readers, please pass along your story (and any photos) -- we'd like to highlight your project!  Send your story to info@timberframe.org! 
About the Timber Frame Business Council
Established in October 1995, the Timber Frame Business Council (TFBC) was created as a not-for-profit organization dedicated to enhancing the quality, integrity and marketability of the timber frame industry.  TFBC is committed to strengthening and advancing the business, communications and research capabilities within the timber frame industry.  

Using its most traditional definition, timber framing is a specific type of post and beam construction in which a frame is created from solid wood timbers that are connected by several types of interlocking wood joinery including mortise and tenon, dovetails or scarfs secured with hardwood pegs.
 
Timber frames are enclosed using several methods. While traditional timber frames were typically in-filled (between the posts and beams) with various mixtures of clay, straw, lime and other regionally available materials, contemporary frames use several methods that effectively enclose the timber frame and allow the timbers to remain exposed to the interior of the building. Timber framing is a building system which lends itself well to both residential and commercial construction over a broad spectrum of architectural styles such as; traditional, rustic, modern, southwestern, oriental and colonial to name a few. Timber framing integrates well with many other building systems and materials, such as; structural insulated panels, log systems, engineered wood products, concrete and conventional stud framing.
 
The Timber Frame Business Council is a non-profit trade association dedicated to putting you in touch with North America's best timber framing professionals. Please consider hiring a TFBC member for your next building project! And, remember, to stay "In Touch"! 
 
Sincerely,
 
Pam Hinton, Executive Director
Timber Frame Business Council 
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104 Carlisle St.
Gettysburg, PA 17325 USA
888-560-9251
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We'd like to hear from you!  Email to info@timberframe.org or pam@timberframe.org