Ann Hollands 2009

Name: Ann Hollands, MAI Title: President, Rhode Island Chapter of the Appraisal Institute Company: State of Rhode Island Department of Transportation Location: 360 Lincoln Ave., Warwick, RI 02888 Birthplace and year: Toledo, Ohio, 1947 Family: Husband, William McGovern; children: Greg & Bob College: Shippensburg State College First job outside of appraisal: Jack & Harry's Auto Parts First job in real estate or allied field: C-21 Rondeau Associates - broker What do your do now and what are you planning for the future? I plan to continue with an education, focus on courses and utilize "home grown" seminars by some of our members or instructors. Also, grow our membership. Hobbies: Time with family, boating Favorite book: Anything by James Patterson Persons you admire most (outside of family): Hillary Clinton, Condoleeza Rice Keys to success: Hard work and integrity will always get you where you want to go. If you had to choose another vocation what would it be? Nursing

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Hyannis, MA MassDevelopment issued $9 million in tax-exempt bonds on behalf of Harbor Health Services Inc. to help the nonprofit public health agency expand its community health center and serve additional patients.

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Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Daniel Meyer

Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4

Are appraisers on the same page as the assessor? - by Richard Seman

The purpose of this article is to address problematic or confusing issues which may help assessors and appraisers to better understand how to value real estate for tax assessment purposes.

The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski

Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property