News: Finance

HB Buckner 2009

Name: HB Buckner Title: Senior Exchange Specialist Company: Legal 1031 Exchange Services, Inc. Location: 6 Ash St., Hollis, NH 03049 Birthplace and year: Boston, MA - 1950 Family: Wife Alice; daughter, Isabel College: University of Mass., Amherst, BA Education First job outside of 1031: Teacher at East Elementary School, Sharon, Mass. First job in 1031: Exchange Specialist for Starker Services What do you do now and what are you planning for the future? Teach continued education classes in 1031 exchanges with creative solutions. Utilize over 20 years of my experience as a consultant for investors. Hobbies: International travel, musician, cooking. Favorite book: "A Hundred years of solitude" by Gabriel Marque Favorite movie: "Nightmare before Christmas" Person you admire most (outside of family): The Dalai Lama Key to success: Stick with it and treat everyone as a client If you had to choose another vocation what would it be? Healthy fast food chef
Tags: Finance
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Columns and Thought Leadership
Are appraisers on the same page as the assessor? - by Richard Seman

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

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

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

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