Name: Dudley (Skip) Alleman
Title: President, Hartford Chapter of REFA
Company: HRP Associates
Location: 197 Scott Swamp Rd., Farmington, Conn.
Place of birth and year: Kisco, NY - 1957
Family: Wife, Sharon; son, Jackson; daughter, Jordana; grandson, Dylan
College: Central Conn. State University - Environmental Biology
First job in finance or allied field: Chemistry Lab Tech - GRC Environmental
What do you do now and what are you planning for the future: Oversee committees involved in programs or events, membership and sponsorship throughout the year.
Hobbies: Time with family, bicycling, kayaking
Favorite book: "Unbroken" by Laura Hillenbrand
Favorite movie: "The Last of the Mohicans"
Person you most emulate (outside of family): Richard Garibaldi, MD
Key to success (one idea): Laugh often, be good to others
If you were forced to choose another vocation what would it be?: Play guitar with Mark Knopfler of Dire Straits
How many of you remember real estate development in the late 1980s? Project sourcing was difficult, until it wasn’t. Into the 90’s, a few years after, banks and other financial institutions were very happy to fund projects.
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.
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
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.
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