Monthly Archives: December 2014

AARP Maine’s Age-Friendly Community Program Seeks to Keep Maine Seniors Home

by Peter Morelli, AARP Maine Maine has an opportunity to take bold action to help address the major challenges of Maine’s rapidly aging population and struggling economy, House Speaker Mark Eves told a recent MEREDA breakfast.  Eves detailed the bipartisan … Continue reading

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Real Estate Professionals – Planning Around the Passive Activity Loss Rules

By Jason Favreau, Principal, BerryDunn Under the passive activity loss (PAL) rules, rental activities are generally considered passive activities with few exceptions. Consequently, many taxpayers find that the PAL rules broadly restrict the deduction of tax losses generated from their … Continue reading

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Environmental Issues in Business Transactions – Problems and Practical Problem Solving

Ken Gray, Partner, Pierce Atwood LLP You’re thinking of buying a property and are advised to do some environmental due diligence.  Why is environmental due diligence important?  Simple:  you can save money and multiple headaches later, preserve the value of … Continue reading

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Maine Real Estate & Development Association (MEREDA) Announces Membership & Marketing Committee Chair

The Maine Real Estate & Development Association (MEREDA) is pleased to announce that Jason Favreau of Westbrook will chair MEREDA’s Membership & Marketing Committee. Jason Favreau, CPA MST, is a Principal in the Tax Services Group at BerryDunn and specializes … Continue reading

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Opinions of Value – and why they differ

By Mark L. Plourde, MAI, Maine Valuation Company So you ask a simple question “What’s my property worth?”.  Depending on whom you ask, the answer may be given quite quickly, but also may vary quite widely!  Why is there such … Continue reading

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How a lease agreement can make or break your business

Justin Lamontagne, Broker, NAI | The Dunham Group I was recently listening to a podcast interview with a blogger who specializes in social media. She stressed the importance of sometimes writing for a mass audience as opposed your professional inner-circle. … Continue reading

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