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1031 Exchanges News ItemsA deal worth $20 million helped by 1031 exchange - Mainebiz10/30/2017 2:02:25 PM
Mainebiz A deal worth $20 million helped by 1031 exchange Mainebiz A chain of 1031 exchanges involving properties in Augusta and Portland resulted in over $20 million in total transaction volume. And the chain illustrated how, even with different client criteria and tax implications, a deal can make sense for two ...
A positive 2016 forecast for southern Maine's commercial real estate market - by Matthew Cardente - New England Real Estate Journal Online1/29/2016 2:38:00 AM
New England Real Estate Journal Online A positive 2016 forecast for southern Maine's commercial real estate market - by Matthew Cardente New England Real Estate Journal Online Additionally, the concern of interest rates is not as applicable to larger scale investors that are taking advantage of the attractive capitalization rates in Maine and are doing 1031 Exchanges or purchasing assets in full. Pending the product ... and more »
Conservation Easements News ItemsMaine land trusts object to data used by governor to justify latest attack - Press Herald2/20/2018 4:01:05 AM
Press Herald Maine land trusts object to data used by governor to justify latest attack Press Herald 2,301,915 acres of private lands protected through conservation easements , most of which would be subject to taxation. The governor's report, which was distributed to members of the Legislature last week, estimates that land trusts account for $390.9 ... and more »
With Tax Bases Eroding, Some Rural Communities Say Land Trust Conservation Comes At Their Expense - Pine Tree Watch2/16/2018 4:52:16 AM
Pine Tree Watch With Tax Bases Eroding, Some Rural Communities Say Land Trust Conservation Comes At Their Expense Pine Tree Watch Maine is among the leaders in the country in conservation through private stewardship, with land trusts holding conservation easements on 1.9 million acres of private land, and owning 600,000 acres of public-access preserves. That amounts to more than ... and more »
In His Final State Of The State, LePage Takes Swipes At Land Trusts, Referendum Process - Maine Public2/13/2018 9:01:59 PM
Maine Public In His Final State Of The State, LePage Takes Swipes At Land Trusts, Referendum Process Maine Public A new LePage administration report says $18.6 billion in total land was exempt from taxes in 2016 — about 11 percent of all land value in Maine . But most of that is owned by local governments ($10.1 billion) and nonprofits like hospitals ($3 billion ... and more »
Maine Compass: Land trusts earn their tax breaks - Kennebec Journal & Morning Sentinel2/13/2018 4:15:30 AM
Kennebec Journal & Morning Sentinel Maine Compass: Land trusts earn their tax breaks Kennebec Journal & Morning Sentinel Conservation organizations and Maine's Bureau of Parks and Lands have protected much of the vast forest resources of the North Woods, assuring Maine will forever be the Pine Tree State and a destination for outdoor enthusiasts. Some of this land is ...
Lisenbee: Your secret spot could face legal challenge - MPNnow.com2/4/2018 7:36:02 AM
MPNnow.com Lisenbee: Your secret spot could face legal challenge MPNnow.com In addition, private landowners in Maine have voluntarily entered into conservation easements on woodlands protecting nearly 2.5 million acres of habitat. The status review evaluated these habitat considerations as well as snowshoe hare population ...
Woodland stewardship tour set for Feb. 15 - Courier-Gazette & Camden Herald2/2/2018 8:40:48 AM
Courier-Gazette & Camden Herald Woodland stewardship tour set for Feb. 15 Courier-Gazette & Camden Herald These free tours are led by Maine Forest Service Midcoast District Forester Morten Moesswilde and are open to landowners, loggers, foresters, and others interested in the stewardship of small woodlands. PWA holds 438 acres in conservation easements and ...
Maine land trusts do pay taxes on their lands - The Original Irregular1/24/2018 12:02:56 AM
Maine land trusts do pay taxes on their lands The Original Irregular In his Jan. 10 radio address, Governor LePage claimed that Land Trusts in Maine take properties off the tax rolls. This is not accurate. Rangeley Lakes Heritage Trust pays taxes on our properties, both those we own, and on the conservation easements we ...
Succession Planning News ItemsAfter four decades in the business, the cheesemakers at York Hill Farm retire - Press Herald2/11/2018 4:05:50 AM
Press Herald After four decades in the business, the cheesemakers at York Hill Farm retire Press Herald Preserving their hard-fought place in the Maine food economy is important, said Stephanie Welcomer, a professor of management at the University of Maine whose work focuses on the intersection of sustainable businesses, communities and environment. She ...
Topics of Diversity and Profitability Take Front Seat at Wi13 Town Hall - BTW1/25/2018 5:35:47 PM
BTW Topics of Diversity and Profitability Take Front Seat at Wi13 Town Hall BTW The two were joined by members of the ABA Board of Directors, including Kenny Brechner of Devaney, Doak and Garrett Booksellers in Farmington, Maine ; Bradley Graham of Politics and Prose Bookstore in Washington, D.C.; Kris Kleindienst of Left Bank ... and more »
CMP President and CEO Sara Burns to retire by year's end - Mainebiz11/16/2017 2:50:00 PM
Mainebiz CMP President and CEO Sara Burns to retire by year's end Mainebiz Burns told Mainebiz in a Q&A interview published in October that if CMP's bid is successful, it is projected to save $40 million per year for Maine in annual electricity cost savings to ratepayers over the 20-year forecast period (2023-42). Winning ... and more »
Maine Law tackles the need for more young lawyers in state's rural communities - Mainebiz11/15/2017 6:11:33 AM
Mainebiz Maine Law tackles the need for more young lawyers in state's rural communities Mainebiz As part of an overall effort to provide legal help in rural areas, the Maine Volunteer Lawyers Project, a legal aid organization formerly housed within the Pine Tree Legal Society, is promoting a technology-based solution for Mainers otherwise unable ...