Louisville ranks high on yet another affordability measure -- average property taxes

by qsyndic 2. April 2019 10:57

Real Estate Taxes by City

 

home equityReal estate taxes vary from city to city, and in a report from LendingTree, LendingTree Chief Economist Tendayi Kapfidze looks at the average amount of real estate taxes, mortgage interest, and mortgage insurance premiums that were paid by homeowners in a given metro, ranking the 50 largest metros to show where people paid the lowest taxes on their homes.

“The purpose of our study is not only to show where real estate taxes are the lowest, but also to help familiarize the average person with a few key elements present in the 2017 Trump tax bill,” said Kapfidze. “That way, homeowners will not only have a better understanding of what their tax burden is like, compared to other people from around the country, but they will also have a better idea of the kinds of steps they need to take to maximize their tax refund.”

According to the study, people in rural states pay less in real estate taxes on average than those in more urban areas. LendingTree states that Birmingham, Alabama; Louisville, Kentucky; and Salt Lake City pay an average of $2,600 on real estate taxes, which is the lowest out of the nation’s 50 largest metros. Urban areas, such as New York, San Jose, California, and San Francisco paid an average of $9,400 in real estate taxes, double the average amount of the 50 largest metroes.

Kapfidze notes the importance of homeowners to itemize in order to get a deduction based on things like their real estate taxes, or the amount of money they pay in mortgage interest.

“While higher refunds issued under the Trump tax bill can help people who are struggling to pay for real estate taxes or mortgage interest costs, there are better ways to manage these kinds of costs,” Kapfidze said. “Ultimately, people who feel as though they are chronically overburdened by high real estate taxes or mortgage interest fees are better off looking at alternative ways of ease this burden, as opposed to solely relying on their federal tax refund. For example, moving to a less expensive area like Birmingham, Alabama, can help alleviate costs associated with owning a home.”

 

About Author: Seth Welborn

Seth Welborn is a contributing writer for DS News. He is a Harding University graduate with a degree in English and a minor in writing, and has studied abroad in Athens, Greece. An East Texas native, he also works part-time as a photographer.
 
 
 
 
 
 

Louisville ranks high on yet another affordability measure -- average property taxes

by qsyndic 2. April 2019 10:57

Real Estate Taxes by City

 

home equityReal estate taxes vary from city to city, and in a report from LendingTree, LendingTree Chief Economist Tendayi Kapfidze looks at the average amount of real estate taxes, mortgage interest, and mortgage insurance premiums that were paid by homeowners in a given metro, ranking the 50 largest metros to show where people paid the lowest taxes on their homes.

“The purpose of our study is not only to show where real estate taxes are the lowest, but also to help familiarize the average person with a few key elements present in the 2017 Trump tax bill,” said Kapfidze. “That way, homeowners will not only have a better understanding of what their tax burden is like, compared to other people from around the country, but they will also have a better idea of the kinds of steps they need to take to maximize their tax refund.”

According to the study, people in rural states pay less in real estate taxes on average than those in more urban areas. LendingTree states that Birmingham, Alabama; Louisville, Kentucky; and Salt Lake City pay an average of $2,600 on real estate taxes, which is the lowest out of the nation’s 50 largest metros. Urban areas, such as New York, San Jose, California, and San Francisco paid an average of $9,400 in real estate taxes, double the average amount of the 50 largest metroes.

Kapfidze notes the importance of homeowners to itemize in order to get a deduction based on things like their real estate taxes, or the amount of money they pay in mortgage interest.

“While higher refunds issued under the Trump tax bill can help people who are struggling to pay for real estate taxes or mortgage interest costs, there are better ways to manage these kinds of costs,” Kapfidze said. “Ultimately, people who feel as though they are chronically overburdened by high real estate taxes or mortgage interest fees are better off looking at alternative ways of ease this burden, as opposed to solely relying on their federal tax refund. For example, moving to a less expensive area like Birmingham, Alabama, can help alleviate costs associated with owning a home.”

 

About Author: Seth Welborn

Seth Welborn is a contributing writer for DS News. He is a Harding University graduate with a degree in English and a minor in writing, and has studied abroad in Athens, Greece. An East Texas native, he also works part-time as a photographer.
 
 
 
 
 
 

From Gege Reed / Courier Journal -- Louisville art galleries & exhibits to catch this fall...

by qsyndic 31. October 2017 10:11

Here are more than 30 art galleries to visit and exhibits to see around Louisville this month.

21c Museum Hotel. 700 West Main St. “Pop Stars! Popular Culture and Contemporary Art.” Ends March 31, 2018. “Adi Nes: The Village” and “Object(s) of Desire.” Both end January 31. 

849 Gallery at the Kentucky College of Art + Design. 849 S. Third St. “Charge!,” an exploration of our consumer-dominated culture, featuring the work of photographer Brian Ulrich. Ends Nov. 17. 

Art Council of Southern Indiana. 820 East Market St., New Albany. “Photo Mix.” Ends Nov. 11.

B. Deemer Gallery. 2650 Frankfort Ave. “Passages,” paintings by Carolyn Hisel. Ends Nov. 7.

Carnegie Center for Art and History. 201 East Spring Street, New Albany. “Capturing Contemporary Cuba” by Ray Wallace and “Stage/D” by Laura Harford. Both end November 25.

Chestnuts and Pearls Gallery. 157 E. Main St., New Albany. “On the Road,” by Bussert Photography; and “Rhythms and Flows,” by Kristen Warning. Ends Nov. 11.

 

Corner Café Gallery. 9307 New LaGrange Road. Don Burchett, figurative and still life oil paintings. Ends Nov. 15. 

CRAFT(s) Gallery & Mercantile. 572 South 4th St. “Offerings,” new works by Kathleen Lolley. Ends Nov. 25.

The Filson Historical Society. 1310 S. 3rd St. “Understanding the Indescribable: Paintings by Gloucester Caliman Coxe.” Ends Dec. 15.

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Flame Run Glass Studio and Gallery. 815 W. Market St. Sculptures and glass creations by Ann Klem. Ends Nov. 11. 

Fox Gallery. 4010 Dupont Circle, suite 505. “My World in the Details of Place,” by Adam Brown. Ends March 31.

 

Gallery 104. 104 E. Main St., La Grange. Louisville Photo Biennial “Oldham County, A Perspective in Black & White,” Ends Nov. 12. 502-222-3822, aaooc.org. 

Garner Narrative Contemporary Fine Art. 642 E. Market St. “cul-de-sac” new paintings by Joyce Garner. Ends Dec. 29.

Harrison County Discovery Center. 233 N. Capitol Ave., Corydon. “Auto Indiana.” Ends Nov. 27.

Hyland Glass Gallery. 721 E. Washington St. “False Light,” by Laurie Blayney, mixed imagery from observations at protests, rallies and gatherings. Ends Nov. 30.

Jane Morgan Gallery. 4838 Brownsboro Center. “Alla Prima.” Ends Nov. 11.

Kaviar Forge & Gallery. 147 Stevenson Ave. “Artists in Our Midst.” Ends Dec. 30.

Kentucky College of Art + Design. Spalding University, 845 S. Third St. “Pep Boys,” by Brian Ulrich. Ends Nov. 9.

Kentucky Derby Museum. 704 Central Ave. “Winner’s Circle,” featuring this year’s Kentucky Derby winner, Always Dreaming; “It’s My Derby,” featuring fashion and hats of the Kentucky Derby and “The Greatest Race, a 360°,” immersive media experience that takes you into the heart of the Kentucky Derby. “Man o’War: The Legacy.” Ends Dec. 31. D. Wayne Lukas exhibit, featuring items from the Hall of Fame Trainer's collection, four Kentucky Derby trophies and four Kentucky Oaks trophies will be on display. Ends Oct. 2018. DerbyMuseum.org.

Kentucky Museum of Art & Craft. 715 West Main St. “Victory Over the Sun: Poetics and Politics of Eclipse.” Ends Dec. 3.

Kentucky Watercolor Society Gallery. Brownsboro Center Arcade, 4836 Brownsboro Road. “Celebrate the Holidays.” End Jan. 5.

Kore Gallery. Mellwood Art Center, 1860 Mellwood Ave. “Everyday Life”, watercolors, photographs and mixed media by Marjorie Muller and “Bicycles and Beaches,” works in oil by Barbara Ketchum. Both end Nov. 30.

Louisville Slugger Museum & Factory. 829 W Main St. Opening Nov. 9, “Nutcracker: The Exhibition,” celebrates the Louisville Ballet’s Nutcracker. Ends Jan. 7.

Moremen Moloney Contemporary. 939 E. Washington St. “Gold of Africa” by international photographer Adam Shulman. Ends Nov. 18. 

Muhammad Ali Center. 144 N. Sixth St. “In the Shadows,” photography exhibit by Howard Bingham. Ends Jan. 21, 2018. “Grandmother Power: A Global Phenomenon.” Ends Jan. 8, 2018. “Available Light: Louisville Through the Lens of Bud Dorsey ” Ends Jan. 2, 2018.

Paul Ogle Art Center. Indiana University Southeast, 4201 Grantline Road, New Albany. Collection of art by artists of the Wonderland Way Circa 1920-1937. Ends Jan. 2020.

Paul Paletti Gallery. 713 E. Market St. “Finding Heaven in a Holler,” by Shelby Lee Adams. Ends Dec. 31. 

PYRO Gallery. 1006 E. Washington St. “…and After…, an Exhibition of Reminiscence,” by textile artist Bette Levy. Ends Dec. 9. 

Wayside Expressions Gallery. Hotel Louisville, 120 W. Broadway St. “A Collage of Works” by Karen Smith. Ends Nov. 27. 

Zephyr Gallery. 610 E. Market St. “PRHBTN,” works by local artists that utilize styles, processes, and content explored within public art, street art, graffiti, pop-art, new media, graphic arts and more. Ends Nov. 19. “PROJECT 20: Failure in Progress, by Josh Azzarella, Andrew Cozzens, Gautam Rao, Alex Serpentini and Melissa Vandenberg. Ends Dec. 30.

Send information about arts events to listings@courier-journal.com.

#, #CourieJournalPublished 11:16 a.m. ET Oct. 31, 2017 | Updated 12:04 p.m. ET Oct. 31, 2017


Louisville "Hometown Tourist" discount events May 8-31, 2017

by qsyndic 8. May 2017 11:44

From #LouisvilleConvention&VisitorsBureau today...

IT’S GOING TO BE A BEAUTIFUL STAY IN THE NEIGHBORHOOD AT THIS YEAR’S HOMETOWN TOURIST CELEBRATION.

Image (15)

The month-long extravaganza runs May 8-31, 2017 and celebrates the city’s eclectic, friendly, hip and historic neighborhoods, where more than 90 of the area’s top attractions, hotels, restaurants and shops are offering deep discounts to anyone with a Kentucky or Indiana ID, local college ID or military ID.

So, come be a tourist in your hometown this May and have some fun eating, playing and staying in the ‘hoods that are right in your own backyard.

In an effort to champion the power of travel and educate the local community about all there is to experience in their own city, Louisville’s Hometown Tourist Celebration is held annually in conjunction with National Travel & Tourism Week.

Be sure and join us on Tuesday, May 9 when we kick off the festivities during the Hometown Tourist Celebration press conference and Attraction Showcase starting at 11 a.m. at 4th Street Live! A party will be in full swing with food sampling, discounts, deals and more fun.

Sidewalk Sales
Be sure and stop by the Louisville Visitor Center (4th & Jefferson streets) on Tuesday, May 9 and Thursdays, May 11, 18 and 25 from 11:30 a.m. to 2 p.m. There will be discounts on a variety of Louisville souvenirs. Also, entertainment, food and refreshments

From Syndi Chesser:

It's easy to take for granted the many wonderful sites we have right here in our own "backyard." Here's an invitation to explore right here at a home...and at a discount too!      

Here's the cut/paste link for more info on the many discounts for us locals for the next 3 weeks...

https://www.gotolouisville.com/hometown-tourist-celebration/special-offers/

Happy exploring, everyone!  





IRS now turning over older debts to private collection agencies

by qsyndic 17. April 2017 07:22

From #FTC (Federal Trade Commission) today...

 

The IRS is now using private debt collectors

 

Do you have a debt with the IRS that’s more than two years old? If so, you might be getting a letter from the IRS about your account being transferred to a private debt collector. This new program only applies to taxpayers who have had an IRS debt for years, and who were previously contacted about it by the IRS. Here’s how it will work – and how to spot a scam.

If your debt is put into this program, the IRS says you will get two letters. The first letter will come from the IRS and will say which private debt collection company your account has been assigned to. The companies are: CBE, ConServe, Perfomant, or Pioneer. The second letter will come from the private debt collection company assigned to your account. Both letters will include the tax amount owed, the name of the private debt collection company assigned, and a taxpayer authentication number that is unique to you.

But here’s how you can tell you’re dealing with the actual debt collector, not a scammer.

  • The private debt collectors working with the IRS will never ask you to pay them directly. Instead, they’ll tell you to pay electronically at IRS.gov/payments, or send a check, made out to the US Treasury, directly to the IRS. Anyone who says they’re collecting for the IRS and asks you to make a payment over the phone is a scammer.  Whether they’re asking you to pay by credit or debit card, electronic check, wiring money, or a prepaid or gift card - don’t do it.  
  • These debt collectors will never use robocalls or pre-recorded messages. You’ll always speak with a live operator.
  • They’ll always use the authentication number that was in your letters.

Not sure you owe the IRS money? Ask the collector for a written “validation notice,” which says what you owe and to whom. You also can go to IRS.gov/balancedue to check your account balance. If your account balance says zero, you don’t owe money and should not be getting calls.

To learn more about this new process, check out the IRS’s site. And remember: all debt collectors have to follow the law.  Know your rights, and tell the FTC if you spot a problem.

#Clarion launching $24MM industrial development deal in #Louisville

by qsyndic 27. January 2017 07:30

Clarion set for $24 million development deal

Jan 24, 2017, 2:55pm EST
 

 

 
 
 

Bizspace Spotlight

New York real estate developer Clarion Partners LLC wrapped up a $2.4 million deal for what is reportedly a 29-acre parcel on National Turnpike in Louisville.

The vacant spot is now set for what is expected to be the construction site of a 435,000-square-foot, $24 million industrial facility, according to Louisville Business First.

On the sell-side of the property is a consortium consisting of Alesia Bishop, Randall George and Laura Band. They have owned 7830 National Turnpike since 1992. Clarion, which manages roughly $40 billion across the real estate risk/return spectrum, is expected to begin building in the spring.

No tenants have yet been signed for the building as the timeline for construction has not been determined.

When Clarion completes the National Turnpike building, it will have about 4.3 million square feet of real estate in the Louisville market. The company now has nearly 4 million square feet of completed space, all in the Louisville Industrial Center, a large industrial park on National Turnpike.

Clarion also plans to build an industrial development in Sellersburg that would have more than 1 million square feet of industrial space off Interstate 65. That development has been projected to cost more than $40 million.

Clarion operates as the primary independent real estate investment affiliate for Legg Mason, which agreed to acquire a majority equity interest in the company last January.

US FTC challenge competition for home inspectors -- the "Internet of Things" in our homes -- deadline 5-22-17

by Syndi Chesser 4. January 2017 08:07

Announcing the Internet of Things Home Inspector Challenge

 

 

Anyone old enough to remember The Jetsons knows how the futuristic family used their flying car or jetpack to get to their “smart home,” where people movers whisked the family from room to room, lights automatically switched on, food appeared at the touch of a button, and Rosie the robot maid cleaned up.

Today, thanks to all sorts of internet-connected devices, you can create your own smart home. You can remotely turn on lights, music, and appliances, automatically adjust temperatures, and even monitor your pets or children while you’re away. But recent headlines also point to some security risks. Just how safe and secure are these devices? And how can you know whether your internet-connected devices are updated to protect your privacy and security?

We think someone out there has the answer – which is why the FTC is hosting a prize competition called the Internet of Things (IoT) Home Inspector Challenge. The FTC is asking people to come up with a technical solution to guard against security vulnerabilities in software on smart devices connected to their homes. The winning tool would help protect people from security vulnerabilities caused by out-of-date software. There’s $25,000 in prize money for the person – or the team – that comes up with the best technical solution, with $3,000 for each honorable mention winner.

The deadline for registering and submitting entries is May 22, 2017 at 12:00 pm EDT. Visit FTC.gov/iot-home-inspector-challenge to check out all the rules and FAQs. You’ll also find more information when registration opens, on or about March 1, 2017.

 

#HomeTechnology

#InternetOfThings

#HomeInspections

Beware of installing scammer apps on your smartphone! [from Ari Lazarus / US Federal Trade Commission 12-22-16]

by qsyndic 22. December 2016 09:06

 

As more and more consumers are shopping with mobile apps, fraudsters are following the money. There are fake phone apps popping up that impersonate well-known retailers in order to steal your personal information. Their names are similar to well-known brands, and their descriptions promise enticing deals or features.

But these fraudulent apps can take your credit card or bank information. Some fake apps may even install malware onto your phone and demand money from you to unlock it.

Here are some tips to avoid downloading fraudulent apps:

  • Not sure if a shopping app is legit? Go directly to the retailer’s website and see if they promote it. If they do have an app, they will direct you to the app store where you can download it.
  • On the web, you can search a brand name, plus “fake app” to see if the company has reported its brand being spoofed.
  • Look for reviews of the app before you download – both in the app stores and on the web. If the app has no reviews, it was likely created recently, and could be a fake. Real apps for big retailers often have thousands of reviews.
  • Don’t download apps with misspelled words in their description. Many fake apps were created in a hurry. On the other hand, some fake apps look almost like the real thing.

If you’re using apps for shopping, keep records of your transactions. Screenshot or save the product description and price, the online receipt, and the emails you send and receive from the seller.

Monitor your credit card statements frequently; be on the lookout for charges that you don’t recognize.

From Farm Futures -- "Small livestock operations can apply for CRP Grasslands program"

by qsyndic 5. November 2016 07:28

Small livestock operations with 100 or fewer head of grazing cattle can submit applications to enroll up to 200 acres of grasslands per farm in a new Conservation Reserve Program Grasslands program geared specifically for small-scale livestock grazing operations. USDA’s goal is to enroll up to 200,000 acres.

“For 30 years, lands in the Conservation Reserve Program have contributed to soil and water protection and wildlife and pollinator habitat, while playing a significant role in mitigating climate change,” said Farm and Foreign Agricultural Services Deputy Under Secretary Alexis Taylor. “CRP Grasslands recognizes the conservation value of well-managed, working grazing lands and pasturelands.”

Small livestock operations with 100 or fewer head of grazing cattle can submit applications to enroll up to 200 acres of grasslands per farm in a new Conservation Reserve Program Grasslands program geared specifically for small-scale livestock grazing operations. (Photo: stefbennett/Thinkstock)Small livestock operations with 100 or fewer head of grazing cattle can submit applications to enroll up to 200 acres of grasslands per farm in a new Conservation Reserve Program Grasslands program geared specifically for small-scale livestock grazing operations. (Photo: stefbennett/Thinkstock)

Taylor also announced that the current CRP Grassland ranking period ends Nov. 10, 2016. To date, the USDA’s Farm Service Agency (FSA) has received nearly 5,000 offers covering over 1 million acres for this CRP working-lands conservation program. These offers are predominantly larger acreage ranchland in Western states.

The new practice for small-scale livestock grazers aims, in part, to encourage greater diversity geographically and in types of livestock operation. This opportunity ends Dec. 16, 2016. Offers selected this fiscal year will be enrolled into CRP Grasslands beginning Oct. 1, 2017.

Participants in CRP Grasslands establish or maintain long-term, resource-conserving grasses and other plant species to control soil erosion, improve water quality and develop wildlife habitat on marginally productive agricultural lands. CRP Grasslands participants can use the land for livestock production (e.g. grazing or producing hay), while following their conservation and grazing plans in order to maintain the cover. A goal of CRP Grasslands is to minimize conversion of grasslands either to row crops or to non-agricultural uses. Participants can receive annual payments of up to 75% of the grazing value of the land and up to 50% to fund cover or practices like cross-fencing to support rotational grazing or improving pasture cover to benefit pollinators or other wildlife.

USDA will select offers for enrollment based on six ranking factors: (1) current and future use, (2) new farmer/rancher or underserved producer involvement, (3) maximum grassland preservation, (4) vegetative cover, (5) environmental factors and (6) pollinator habitat. Offers for the second ranking period also will be considered from producers who submitted offers for the first ranking period but were not accepted, as well as from new offers submitted through Dec. 16.

“Adding a working-lands conservation program to the toolbox is an exciting opportunity for the future of CRP,” said Taylor. “There also are ways that CRP Grasslands could be combined with other traditional CRP conservation practices, such as riparian buffers on the same farm, to create a package that can help keep small livestock operations in production. An example of such a package would be to dedicate the most sensitive land to conservation, while still maintaining the bulk of the area as working grasslands for livestock. USDA would provide cost-share assistance to help farmers install fencing and provide alternative water sources to livestock, as well as annual CRP payments to help the farm's bottom-line.”

In May, FSA accepted 101,000 acres in the grasslands program, with more than 70% of the acres having diverse native grasslands under threat of conversion, and more than 97% of the acres having a new, veteran or underserved farmer or rancher as a primary producer.

Small livestock operations or other farming and ranching operations interested in participating in CRP Grasslands should contact their local FSA office. To find your local FSA office, visit http://offices.usda.gov. To learn more about FSA’s conservation programs, visit http://www.fsa.usda.gov/conservation.

Source: USDA Farm Service Agency

New NuLu development in Louisville, KY -- apartments & retail

by qsyndic 16. August 2016 13:51

From Courier-Journal / Louisville, KY today

 

A Georgia company has filed documents with the city clarifying its plans to build 276 apartments, along with extensive retail space and a parking garage at 700 E. Main St.

Flourney Development Co. of Columbus, Ga., which has a contract to buy the 2.7-acre property from Service Welding & Machine Co., intends to build a mix of studio and one- and two-bedroom apartments, a minimum of 4,850 square feet of retail space, and a 430-space garage on the south side of Main, between Clay and Shelby streets near the NuLu neighborhood.

The apartments are to go in two, five-story buildings – one facing Main and the other on the corner of Clay and Billy Goat Strut Alley. The units will range from 550 to 1,250 square feet of space. Rents are expected to range up to $2,200 a month.

Flourney said the large structure fronting on Main will have multiple materials, multiple brick and paint colors, and varying parapet heights.

The building on the Clay Street corner, also five levels, will incorporate the facade of an existing building that dates to around 1925.

The project will "enhance NuLu's mixed-use character and focus on sustainability and economic vitality by creating a visually appealing pedestrian environment," according to the company.

Site amenities around the five-story apartments are to include a courtyard with a pool, an outdoor kitchen, a pet wash facility, a fitness center and a clubroom.

The plans show two levels of retail in the northeast corner of the site. The streetscape will feature wide sidewalks, trees and various plantings, and outdoor seating.

Each level of the parking garage, which is to be accessible from both Main and Shelby, will be connected to a floor of an apartment building via a walkway.

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