HBAFlash
Weekly Association Update: January 18, 2019
January 24, 2019
11:30 am
Highland Country Club

Guest Speaker
NCHBA Tim Minton
Director of Governmental Affairs


*MEMBERS ATTEND FREE, GUESTS ARE $25
5th Annual Cornhole Tournament
May 3, 2019
The 5th Annual Cornhole Tournament is back! Come enjoy the game, food and adult beverages while meeting with your fellow HBAF members.

Important Tax Exemption For Builders
If you are holding in inventory for sale a single-family or duplex house or land which you have improved for residential or commercial purposes since July 1, 2015, you are eligible to have the value of these improvements exempted from local property taxes
 
This exemption also applies to single-family and duplex houses under construction or land currently being developed . But, you must apply for this exemption every January.
 
In one of NCHBA's most important legislative victories ever, the General Assembly in 2015 exempted from local property tax the increase in value of real property held for sale by a builder or developer to the extent that the increase is attributable to subdivision or other improvement to the property. For more information and details on this law , click here .
 
Don't leave your money on the table! Apply for this exemption. 
 
FOR MORE INFORMATION : Contact Mike Carpenter, mcarpenter@nchba.org , or Tim Minton, tminton@nchba.org , or call NCHBA at (800) 662-7129.
We Are Going Paperless in 2020
What does this mean for you?
The HBA of Fayetteville will no longer “snail mail” your invoices for dues or events. Invoices will be sent by email only, beginning January 2020 . You have one year to prepare. It is important that you have an email that you check regularly on file so that you receive all of your invoices. You are able to login to your HBAF account and update your email address at your convenience.

Additionally, when you pay your dues by credit card, you are automatically enrolled into autopay. Your credit card will be charged your membership dues during your anniversary month each year.

We appreciate your assistance and understanding as we transition to this new paperless process. 
Education Edge: Take Advantage of IBS Pre-Show Courses
Boost your business before the Show even starts with  NAHB's Pre-Show Education . These 15 courses are one-day sessions that dig deep into industry topics and come with a free expo pass. Members can start earning an NAHB Professional Designation, or earn continuing education credits (CE) for one they already have. Learn more .  
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January 21
HBAF office closed

January 24
Member Mixer
11:30 am
Highland Country Club

February 5
NCHBA 1st Quarter Meeting
Pinehurst