Name: Roy Barrera
Title: President and CEO
Company: Platinum Appraisal
Location: 235 Candlewood Path, Dix Hills, N.Y. 11746
Birthplace and year: Queens, N.Y., 1975
Family: Wife, Jeanine; daughter, Violet
College: Stoneybrook University, BS in Business Development; BS in Economics
First job in appraisal or allied field: Ace Appraisals, appraisal assistant
What do you do now and what are you planning for the future? We offer commercial and residential appraisals and have expanded into New Jersey and Conn. We plan further expansions in the future.
Hobbies: Time and travel with family, golf
Favorite movie: "A Bronx Tale"
Person you admire most (outside of family): Donald Trump
Key to success: Work hard, never give up, keep moving forward.
If you had to choose another vocation what would it be? Own a casino
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
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
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.