Huntsville Apartment Oversupply | Are there too many apartments in Huntsville? New report looks at the boom

Are there too many apartments in Huntsville? New report looks at the boom Huntsville’s apartment boom has led to an oversupply of units in the fast-growing metro area, according to a recent report. We got ahead of ourselves. ...“Huntsville is currently overbuilt with apartments, and until that excess supply is absorbed, we’re going to see a slowdown in new multifamily construction,” Realtor Matt Curtis added. “ We’re seeing the effects of oversupply — one to two months of free rent incentives, declining rents, and higher vacancy rates. That’s not a climate where developers are eager to build. ...“Occupancies are down, values are down, expenses are up,” Wilson said ” Reference: www.al.com
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Over 65 years old? You could be paying extra if you’re not taking advantage of state tax exemption

Over 65 years old? You could be paying extra if you’re not taking advantage of state tax exemption

Over 65 years old? You could be paying extra if you’re not taking advantage of state tax exemption ... MADISON COUNTY, Ala. (WHNT) – The “Over 65 Years Old Exemption” applies to anyone in the state ...If a property owner if 65 years old, or older, the owner will qualify for additional exemptions. Proof of age and income must be submitted to the Tax Assessor’s Office. Handwritten tax returns are not accepted. A verification of non-filing letter from the IRS or a copy of the taxpayer’s transcript will need to be submitted if taxpayer is not required to file federal income taxes. ... get it online at: https://www.irs.gov/individuals/get-transcript

Reference: whnt.com

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