Rotary Today: Tommy Tucker Realty Co. are members of the BBB of Iowa

Today's Rotary Club of Cedar Rapids meeting ...

Realtors® Robin Tucker and Tommy Tucker are members of
Rotary International and are each Paul Harris Fellows ...

Celebrate Rotary's 105 years of service by contributing to The Rotary Foundation

Robin Tucker is planning to attend his Rotary Club of Cedar Rapids meeting...

Monday, August 30, 2010

Crowne Plaza Hotel at Noon

Today's Program:

Chris Coleman, Better Business Bureau

http://www.iowa.bbb.org/

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Cedar Rapids: City’s New Landlord Licensing Program in Effect

Housing News in the City of Cedar Rapids, the week of August 23, 2010:

The City of Cedar Rapids Code Enforcement Division has begun
implementing the new landlord licensing and rental housing registration program
as part of the new Chapter 29 of the Municipal Code. This program includes new
requirements for landlord licenses, rental housing registration and tenant
agreements.

Landlord Licenses
Landlords, property owners and rental property operators
are now required to be licensed in order to rent residential properties in Cedar
Rapids. This license is only required one time per landlord/owner/operator. The
license fee is $50.00. License applications are available at the Code
Enforcement Division’s office in the Public Works building at 1201 6Th Street
SW. In addition, applicants must submit a list of all rental unit housing to be
associated with the license. There is a $1,000 penalty for each month of a
delinquent license or rental unit registrations after October 31, 2010.

Rental Housing Registration
All rental housing must be registered annually. The registration fees range from
$30.00 for single family dwellings or duplexes to $25.00 for multi-family
dwellings plus $8.00 for individual apartments or units. All rental units
transferred or purchased after July 19, 2010 must be registered within 30 days
of the transaction. There is a $1,000 penalty for each month of a delinquent
license or rental unit registrations after October 31, 2010.

Tenant Agreements
All landlords must use a Crime Free Lease Addendum/Agreement with tenants. This addendum must be incorporated into all new and renewal leases and made available for review during the compliance inspection by City inspectors. The addendum is available on the City’s Web site at www.Cedar-Rapids.org and at
the Code Enforcement Division’s office in the Public Works building at 1201 6Th
Street SW.

All aspects of the new program are expected to be implemented by October 2010. For more information about this program, please visit the Housing Inspections section of the City’s Web site at http://www.cedar-rapids.org/government/departments/code-enforcement/housing-inspections/Pages/default.aspx.

PR Date: 8/23/2010 Title: City’s New Landlord Licensing Program
in Effect
City Contact: Cassie Wilils, (319) 286-5055

Tommy Tucker Realty Co. provides property management services in the Linn County area to various clients. We can assist in Tenant-Landlord management services, if you are seeking a Realtor-Property Manager for your single family house or investment property. Please feel free to contact Tommy Tucker Realty Co. to discuss our services in more detail. Tommy Tucker Realty Co. has been serving the greater Cedar Rapids area, since 1958.

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Executive Home in NE Cedar Rapids for Rent (Bowman Woods - Linn-Mar Schools)

Tommy Tucker Realty Co. - Facebook

Great Listing ...

Executive House at 7806 Thorndale Drive NE (map) in Cedar Rapids, Iowa for $2,200 per month! This 5 bedroom two story was built in 1997 and has three full baths, one half bath and a three stall garage. A beautiful house for rent in Bowman Woods in the Linn-Mar Community Schools. First floor office and plenty more ...

Call us at 319.365.6956 to discuss this lovely home ...

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Health Care Reform will impact Small Business America with increased IRS 1099 reporting

Today's hot political affairs topic, from a meeting we attended this morning is HR. 5297. Here's the update we received:

Update on IRS 1099 Reporting Requirement

Many of you may have seen an email from ASAE on the IRS 1099 Reporting Requirement. NAR (National Association or Realtors) has been working on this issue and wanted to provide you with a legislative update.

The health care legislation enacted earlier this year included a controversial and burdensome new requirement, effective in 2012, that would require all businesses to provide IRS 1099 information returns to any vendor (and to the IRS) when the business makes payments of more than $600 to the vendor in any calendar year. This 1099 reporting provision came out of nowhere in the final days of the health care debate.

No sooner was the ink dry on the bill itself than efforts began to repeal the new 1099 rule. Many REALTOR organizations are aware that ASAE is among the groups opposing the new rule. NAR has signed on to the ASAE letter to signal its opposition to the 1099 reporting requirement. When Congress reconvenes in mid-September, among the pending bills is a small business bill (HR 5297) that includes a modest tax title. (The bill has several non-tax provisions that NAR fully supports.) HR 5297 is expected to be brought up some time during the week of September 13.

When the Senate considers HR 5297, there will be a two-part amendment procedure related to the 1099 requirement. The first part will be an amendment that would completely repeal the 1099 requirement. That effort is expected to fail. The second will be an amendment offered by Majority Leader Reid (D-NV) and Finance Chairman Baucus (D-MT) and others. That amendment would limit the application of the 1099 reporting requirement so that only employers with more than 25 employees would be subject to the 1099 reporting requirement. Further, only payments of more than $5000 would have to be reported. That amendment is expected to pass.

While the full repeal has broad support among ASAE members and in the small business community, we would anticipate that the 25 employee threshold would mean that most local boards and many state associations would be exempt from the reporting requirement. Similarly, the 25 employees threshold should provide adequate relief for most of our members. (Real estate sales agents are independent contractors, and so would not be included as employees of their respective brokers.) The $5000 threshold for reporting will also provide substantial relief to members and to associations.

At such time as HR 5297 (with some sort of 1099 amendment) achieves final passage in the Senate, it will have to go back to the House. The House version of the bill is substantially different from the Senate version. The House will then have two choices: It may simply pass the Senate version of the bill and send it on to the President, or it may request a conference between the House and Senate to reconcile their different versions of the bill. (Note that a conference would involve at least 4 different committees, so could be a cumbersome process.) We presently have no prediction of which option the House would choose. Congress plans to adjourn for the election on October 8. A post-election lame duck session has already been announced, so this 1099 issue may remain unresolved for a few months.

Note that the IRS has made public statements that it does not have adequate capacity to process all of the 1099s that would be filed if the health care bill's reporting requirement remains in the law as originally enacted. The IRS public statement should bolster the effort to eliminate or significantly narrow the application of the new reporting provision before it comes into effect in 2012

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HR 5297 Hits Turbulence in Senate‎ - National Underwriter Life and Health Insurance News
Backers of HR 5297, the Small Business Jobs Act bill, today had trouble getting the bill to the Senate floor. Members of the Senate voted ...

Who's Really Leaving Small Business Behind?‎ - Shopfloor

This bill will increase paperwork on the backs of an economy that is witnessing poor job growth, high unemployment and increasing strains on the American Dream and on Main Street.

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Working on a couple Jumpstart inspections for a Client today

The Flood of 2008 impacted neighbors, clients, customers, vendors, friends and family in Cedar Rapids and other areas of Eastern Iowa. Folks are still on the recovery track.

One of our clients called this week about the need to have a couple of Jumpstart inspections performed. So, our office got them scheduled.

Corridor Recovery Jumpstart
The Jumpstart Iowa initiative contains two new programs – one to address housing ...

The next 50 years is going to be challenging in Iowa, with the continued flooding throughout different parts of the State. It's not just Iowa either, look at other parts of the country. such as Nashville and Memphis earlier this year.

Flooding kills 1 in Iowa; hundreds evacuated - ‎The Associated Press

The floor at Hilton Coliseum, Iowa State's basketball arena, was covered with ...

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The 2010-11 RI motto is "Building Communities - Bridging Continents"

We welcome the second week of August, with a little Rotary Club of Cedar Rapids news ...

Realtors® Robin Tucker and Tommy Tucker are members of
Rotary International and are each Paul Harris Fellows ...

• What is the mission of Rotary International
• What are the Standards of Practice of a Realtor

Robin Tucker is planning to attend this week's Rotary Club of Cedar Rapids meeting...

Monday, August 9, 2010

Crowne Plaza Hotel at Noon

Today's Program:

Joan Hackbarth

Tanager Place

• The mission of Tanager Place is "to successfully serve children and families challanged by social and pychological needs."
• Tanager Place has served children and families since 1879

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We invite you to take a closer look at these Houses for Rent in NE Cedar Rapids

Tommy Tucker Realty Co. invites you to consider these houses for Rent:

• Two bedroom Ranch at 886 14Th Street NE for $500.00 per month


• Two Bedroom Ranch at 828 14Th Street NE for $575.00 per month


• Two Bedroom Ranch at 866 14Th Street NE for $525.00 per month


• Five bedroom two story at 7806 Thorndale Drive NE for $2,200 per month

Looking to rent a executive rental house in Cedar Rapids, Iowa?

Please contact Robin Tucker, Realtor® at 319.365.6956 x 103 to further discuss these properties or other property for Rent for Sale in the Cedar Rapids area.

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Will the City Council close Second Avenue SE between 10Th and 12Th street for Medical Mall?

Skywalks an Alternative to Closing Second Avenue Won’t Work for PCI - KCRG-TV
CEDAR RAPIDS, Iowa - Closing a stretch of Second Avenue SE is necessary to facilitate patient flow through the Physicians’ Clinic of Iowa’s proposed new medical “mall” at 10th Street SE and Second Avenue SE, the physicians group has said ...

The group and other representatives of the new Cedar Rapids Medical District are holding open houses: to discuss the Medical District as well as PCI’s plans to build the mall inside the district.

• Wednesday, August 4Th from 4 to 7 p.m.
• Thursday, August 5Th from 11 a.m. to 1 p.m.
• Open Houses are in The Ballroom at the Crowne Plaza Five Seasons Hotel

Our business will be impacted, since we are located at 613 Second Avenue SE. For example, driving from Daniels Park neighorhood down Central Point Road NE to 13Th Street SE, we often cut down Second Avenue SE to return to our offices.

The ideal of cutting off vehicle, walking and bike traffic should always be carefully discussed, since it often has negative impacts on quality of life and functionality of neighborhoods and the habits of people.

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It's August 2010: what's up on the first monday of the month?

We welcome the first full week of August today, with a little Rotary Club of Cedar Rapids news ...

Realtors® Robin Tucker and Tommy Tucker are members of
Rotary International and are each Paul Harris Fellows ...

• What is the mission of Rotary International
• What are the Standards of Practice of a Realtor

Robin Tucker is planning to attend his Rotary Club of Cedar Rapids meeting...

Monday, August 2, 2010

Crowne Plaza Hotel at Noon

Today's Program:

Kay Fisk & Mike Barnhart of

Neighborhood Transportation Services

• One of the important elements of Building Communities is a connection to transportation
• As Realtors, we require the building of functioning cities ...

Other Events this week in the City of Cedar Rapids ...

• City Housing Boards of Appeals on the 4Th
• City Medical District Open House on the 4Th and 5Th
• Downtown Farmer's Market on the 7Th
• More Upcoming Events in our area can be found on the Cultural Corridor web site

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