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News:
Finance
Posted: December 9, 2009
Betsy Magnuson 2009
Name: Betsy Magnuson
Title: President
Company: Herbert H. Landy Insurance Agency, Inc.
Location: 75 Second Ave., Suite 410, Needham, MA 02494
Place of Birth and Year: Boston, Mass. - 1957
Family: Husband Ken, daughters Michaele and Joanna
College: Syracuse University - BS in Rehabilitation Counseling
First job outside of finance: Counseled inner-city youths
First job in finance or allied field: Processed policies for Landy Insurance
What do you do now and what are you planning for the future? Manage the agency, plan for the future, make critical decisions
Hobbies: Time with family, gardening, children's sports, time on the Cape
Favorite Movie: Life is a House
Key to success: Don't make snap decisions, think things through. Learn from your mistakes, be inquisitive.
If you were forced to choose another vocation what would it be? Artistic design.
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Finance
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Columns and Thought Leadership
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
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
