 (1).gif)
News:
Finance
Posted: July 8, 2009
Meridian Charitable Foundation accepting 2009 grant applications
The Meridian Charitable Foundation is accepting grant applications for 2009. Founded by East Boston Savings Bank (EBSB) in 1998, the Meridian Charitable Foundation benefits nonprofit, charitable organizations serving residents of North Shore communities. In 2008, 46 community organizations were awarded grants totaling $185,225.
To be considered for a grant, an organization must be a charitable Mass. corporation 501(c)(3) as defined under IRS letter section 170 (b)(1)(A)(6) or (a)(2).
Interested organizations can obtain additional information about requirements and application procedures on East Boston Savings Bank's Web site, www.ebsb.com.
All applications must be received by July 20th, in order to be considered.
Tags:
Finance
MORE FROM Finance
Funding your project: Available, but expensive, in many ways - by Daniel Calano
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.
 (1).gif)
Quick Hits
Columns and Thought Leadership
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
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.
