| Copyright © 2008. Chinese Drywall Marketing, LLC. All rights reserved. *The materials on this site are for informational purposes only and are not guaranteed to be correct, complete or up to date. The information on this site does not constitute engineering, legal, medical or any other professional advice, and is not intended to create a professional relationship including, but not limited to, an attorney-client relationship. The hiring of any professional including, but not limited to, an attorney is an important decision that should not be based solely upon this website or any advertisement. Before you decide to hire a professional, ask for information regarding his/her qualifications and experience. Chinese Drywall Marketing, LLC does not endorse or support any product or organization linked to this website, nor is Chinese Drywall Marketing, LLC responsible for the content of any website promoted in or ad published on this website. |
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ARCHIVES |
A tax break for Chinese drywall
Sun-Sentinel.com - Paul Owers, July 10, 2009
The Internal Revenue Service says residents whose homes have been severely
damaged by Chinese drywall may qualify for tax deductions. But first government
agencies must determine that the drywall "emits an unusual or severe concentration of
chemical fumes" that causes "extreme and unusual damage." . . . Senator Nelson and
three other politicians wrote to the IRS last month, asking that homeowners with the
drywall be able to claim a casualty loss on their tax returns. CLICK HERE FOR FULL ARTICLE
Sun-Sentinel.com - Paul Owers, July 10, 2009
The Internal Revenue Service says residents whose homes have been severely
damaged by Chinese drywall may qualify for tax deductions. But first government
agencies must determine that the drywall "emits an unusual or severe concentration of
chemical fumes" that causes "extreme and unusual damage." . . . Senator Nelson and
three other politicians wrote to the IRS last month, asking that homeowners with the
drywall be able to claim a casualty loss on their tax returns. CLICK HERE FOR FULL ARTICLE
| TODAY'S NEWS HIGHLIGHTS |
A STANDARD HOME INSPECTION IS NOT ENOUGH CLICK HERE TO FIND A CHINESE DRYWALL INSPECTOR IN YOUR AREA chinesedrywallinspector.com |
WELCOME TO CHINESEDRYWALL.COM
The first website dedicated to educating the public about Chinese drywall
Drywall dilemma deep for parents
GO OR STAY? For homeowners dealing with Chinese-made drywall, the concerns grow more
urgent with the arrival of a new child
Heraldtribune.com - By Aaron Kessler
Published: Wednesday, July 8, 2009
Riverview - Having a baby -- especially when it is a first child -- is enough of a challenge for most new
parents. Now, a growing number are contending with an unexpected worry: Chinese drywall. In Florida
and other states, more homes are found each day that were built with Chinese-made drywall -- a material
that is emitting corrosive and potentially hazardous gases. As state and federal inquiries drag on, leaving
fundamental health questions unanswered, a new generation of babies are being born into a situation that
leaves their parents in a dilemma.
"I just want a house I can live in," said Neil DeHenes, whose wife just gave birth to their first child, Sophie,
in May. "My main concern is my daughter. Her respiratory system is just developing now. Her brain is
developing. If it's causing me to get headaches and very painful sinus infections when I breathe it in, what
is it doing to her?" CLICK HERE FOR FULL ARTICLE
GO OR STAY? For homeowners dealing with Chinese-made drywall, the concerns grow more
urgent with the arrival of a new child
Heraldtribune.com - By Aaron Kessler
Published: Wednesday, July 8, 2009
Riverview - Having a baby -- especially when it is a first child -- is enough of a challenge for most new
parents. Now, a growing number are contending with an unexpected worry: Chinese drywall. In Florida
and other states, more homes are found each day that were built with Chinese-made drywall -- a material
that is emitting corrosive and potentially hazardous gases. As state and federal inquiries drag on, leaving
fundamental health questions unanswered, a new generation of babies are being born into a situation that
leaves their parents in a dilemma.
"I just want a house I can live in," said Neil DeHenes, whose wife just gave birth to their first child, Sophie,
in May. "My main concern is my daughter. Her respiratory system is just developing now. Her brain is
developing. If it's causing me to get headaches and very painful sinus infections when I breathe it in, what
is it doing to her?" CLICK HERE FOR FULL ARTICLE
DEVELOPER ORDERED TO REMOVE CHINESE DRYWALL
IN VIRGINIA
Published on July 8, 2009 by Scott Wolfe Jr.
The Chinese drywall saga and how it relates to builders shook up a bit in Virginia this week when the
Chesapeake Board of Building code Appeals ordered a developer to remove Chinese drywall from a hotel
days that was days from opening.
While not an order from a Virginia court, the board's action demonstrates that builders and developers
may actually be committing code violations and breaching their duties to the construction project by
installing Chinese Drywall - whether they are aware of it or not.
IN VIRGINIA
Published on July 8, 2009 by Scott Wolfe Jr.
The Chinese drywall saga and how it relates to builders shook up a bit in Virginia this week when the
Chesapeake Board of Building code Appeals ordered a developer to remove Chinese drywall from a hotel
days that was days from opening.
While not an order from a Virginia court, the board's action demonstrates that builders and developers
may actually be committing code violations and breaching their duties to the construction project by
installing Chinese Drywall - whether they are aware of it or not.
CHINESE DRYWALL REPORT MENTIONS FIRE INCIDENT
Heraldtribune.com - By Aaron Kessler
Published: Wednesday, July 8, 2009 at 4:12 p.m.
WASHINGTON — The U.S. Consumer Product Safety Commission is investigating two “fire incidents
involving Chinese drywall.” . . . The risk of fire posed by the defective drywall has been one of the primary
concerns of CPSC investigators from the beginning. That includes either corrosion resulting in an electrical
or gas fire, or by smoke alarms or fire sprinklers failing to do their job because of drywall-related damage.
CLICK HERE FOR FULL ARTICLE
Heraldtribune.com - By Aaron Kessler
Published: Wednesday, July 8, 2009 at 4:12 p.m.
WASHINGTON — The U.S. Consumer Product Safety Commission is investigating two “fire incidents
involving Chinese drywall.” . . . The risk of fire posed by the defective drywall has been one of the primary
concerns of CPSC investigators from the beginning. That includes either corrosion resulting in an electrical
or gas fire, or by smoke alarms or fire sprinklers failing to do their job because of drywall-related damage.
CLICK HERE FOR FULL ARTICLE
Federal Programs for Victims of Chinese drywall
Senators are pushing to help homeowners and businesses affected by Chinese drywall. In
a letter to President Obama citing the many federal programs that could assist affected
homeowners, Senator Bill Nelson (D - Florida) has asked the president for a one-stop federal
drywall assistance center. Sen. Nelson along with Sen. Mary Landrieu of Louisiana and Virginia
Sens. Jim Webb and Mark Warner have also written to the Small Business Administration,
Department of the Treasury, and the Department of Housing and Urban Development (HUD)
asking for financial assistance and mortgage relief for homeowners who may be facing
foreclosure because they are paying for two residences.
Florida DOH toxicologist meets with Cape Coral residents
David Krause, toxicologist for the Florida Department of Health, advises homeowners at a Cape
Coral meeting that there is no empirical evidence yet as to what is successful remediation of
Chinese drywall. Click here for full article and video.
Tax Deductions - not so fast
Tax deductions will not be approved until the Consumer Product Safety Commission confirms
that Chinese drywall is emitting a severe concentration of potentially damaging chemical fumes.
If the deduction is allowed, you may be able to deduct the difference between the property's fair
market value with and without Chinese drywall.
OTHER RECENT NEWS
* * * Tests conducted by the Consumer Product Safety Commission
(“CPSC”) found no connection between Chinese drywall and health
effects. CPSC noted that these are initial studies only and further
information will be released in November. Many believe these results
will establish a nexus between corrosion of metal components in homes
with Chinese drywall, as well as an analysis of potential electrical and
fire safety issues related to corrosion. Click here to view the report.
* * * As if denial of claims were not bad enough, insurers are trying to
protect themselves from future losses by refusing to renew and
canceling policies. Once an insurer knows there is drywall damage, the
existing damage could be the trigger for not renewing a policy unless
repairs are made.A spokesperson from Citizens justified their decision
by stating that the corrosion caused by Chinese drywall could lead to “a
likely future claim for a covered peril such as fire or a water leak,”
which the insurer would be responsible for covering. FULL STORY
* * * According to the spokesman for the Florida Office of Insurance
Regulation,
"[n]o law prevents insurance companies from canceling policies
because of Chinese drywall...Even if a homeowner does not file a claim
over the drywall and remains covered, they could later be denied a
claim for a fire or another calamity if insurance investigators determine
the home contained undisclosed Chinese drywall. FULL STORY
* * * Secretary for HUD promises that “help is on the way,” but not until
federal and state officials "know the science" behind the drywall
problem. In other words, there will be no monies for remediation until
a protocol has proven to be effective and approved. HUD stated that is
may be able to work with lenders to write off loans for homeowners
who have Chinese drywall. FULL STORY
* * * U.S. Sen. Bill Nelson, D-Fla., sent a letter to FEMA asking the
agency to review whether it has the power to provide aid to
homeowners, such as offering rental or other emergency assistance.
Read the Senators' letters.
* * * Tests conducted by the Consumer Product Safety Commission
(“CPSC”) found no connection between Chinese drywall and health
effects. CPSC noted that these are initial studies only and further
information will be released in November. Many believe these results
will establish a nexus between corrosion of metal components in homes
with Chinese drywall, as well as an analysis of potential electrical and
fire safety issues related to corrosion. Click here to view the report.
* * * As if denial of claims were not bad enough, insurers are trying to
protect themselves from future losses by refusing to renew and
canceling policies. Once an insurer knows there is drywall damage, the
existing damage could be the trigger for not renewing a policy unless
repairs are made.A spokesperson from Citizens justified their decision
by stating that the corrosion caused by Chinese drywall could lead to “a
likely future claim for a covered peril such as fire or a water leak,”
which the insurer would be responsible for covering. FULL STORY
* * * According to the spokesman for the Florida Office of Insurance
Regulation,
"[n]o law prevents insurance companies from canceling policies
because of Chinese drywall...Even if a homeowner does not file a claim
over the drywall and remains covered, they could later be denied a
claim for a fire or another calamity if insurance investigators determine
the home contained undisclosed Chinese drywall. FULL STORY
* * * Secretary for HUD promises that “help is on the way,” but not until
federal and state officials "know the science" behind the drywall
problem. In other words, there will be no monies for remediation until
a protocol has proven to be effective and approved. HUD stated that is
may be able to work with lenders to write off loans for homeowners
who have Chinese drywall. FULL STORY
* * * U.S. Sen. Bill Nelson, D-Fla., sent a letter to FEMA asking the
agency to review whether it has the power to provide aid to
homeowners, such as offering rental or other emergency assistance.
Read the Senators' letters.
| Chinese drywall attorney Allison Grant and founder of Chinesedrywall.com speaks out regarding the CPSC's findings. |