Cohn & Dussi, LLC was established in the early 1990's as a civil litigation law firm with extensive experience in commercial litigation, creditors' rights, leasing, corporate law, bankruptcy, litigation, construction law and real estate. We emphasize a highly professional team approach to address and resolve each client's needs by drawing on the specialized knowledge of those best qualified to handle their unique situation. This team approach enhances communications, expedites resolution of the prevailing issues, and serves to contain the costs associated with representation. We pride ourselves on providing each client with efficient, responsive and cost-effective service. One obvious proof of Cohn & Dussi's success at achieving these goals is the caliber of the firm's clients and the loyalty of these clients.
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.
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
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
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.
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.