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Finance
Posted: December 12, 2014
Cohen presented with President's Award at 2014 New England Real Estate Appraiser's Expo
During the fall 2014 New England Real Estate Appraiser's Expo, Massachusetts Board of Real Estate Appraiser's (MBREA) president Greg Accetta, MRA, MAI presented Allan Cohen with the President's Award.
The award is given on behalf MBREA and the Appraisal Foundation to Cohen in appreciation of dedicated advocacy of real estate valuation professionals.
The Expo is a combined meeting of residential and commercial real estate appraisers, assessors, and property value analyst from across New England. The event is co-sponsored by MBREA and MA-RI Chapter of the Appraisal Institute. Allan Cohen is a commercial real estate appraiser and assistant assessor for the city of Newton.
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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.
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
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.
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
