Tag Archives: ASA

2020-2021 7-Hour National USPAP Update Course

The Philadelphia Chapter of the American Society of Appraisers will sponsor an all-discipline National USPAP 2020-2021 7-hour Update Course on Tuesday, March 10 from 9:00 am to 5:00 pm. The course will be held at Caitlyn & Cody’s Diner & Restaurant, 1907 John Fries Hwy (Rte 663), Quakertown, PA 18951 (Phone: 215-536-8888). The instructor will be Robert J. Luciani, ASA, IFA. Sign-in starts at 8:30 am.

Robert Luciani, ASA IFA Mr. Luciani is a PA Certified Real Estate Appraiser & Assessor. He is Deputy Assessor in the Office of Property Assessment for the City of Philadelphia. Chapter Members are familiar with him from the courses he teaches as an AQB (Appraiser Qualifications Board) Certified USPAP Instructor.

2020-2021 7-HR USPAP Update Course The National USPAP Update Course from the Appraisal Foundation is a one-day course that focuses on changes to USPAP for 2020-21 and on appraisal issues that affect daily appraisal practice. Mr. Luciani will present the current changes to USPAP in a variety of scenarios that challenge participants to interpret and apply USPAP to situations they encounter in their daily practice. This course is designed to assist appraisers in all areas of appraisal practice seeking competency in USPAP, including those subject to state licensing and certification and continuing education requirements imposed by professional organizations, client groups, or employers.

This course is required for all State Licensed or Certified Real Property Appraisers and Assessors. All who register and pay by February 28 will receive their C.E. Certificate at the end of the class.

The cost of the 1-day course is $189 per person and includes both USPAP books, breakfast at 8:30 am, lunch, and an afternoon snack.

Seating is limited, so please register early for the course, which meets the USPAP continuing education requirements for most appraisers, including the ASA requirement of one 7-hour USPAP update course every five years for accredited appraisers.

To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail to 7201 Frankford Ave Box #6, Philadelphia, PA 19135. Real Property Appraisers and Assessors should include their License or Certification Number and State (PA, NJ, DE). For questions about the Course, please call Blythe Kelly at 609-502-4037.

September Meeting: Research & Development Tax Credits

The September Chapter Meeting will be held on Wednesday, September 18, 2019, at the Doubletree Guest Suites in Plymouth Meeting, PA. The Board of Directors will meet at 5:30 pm; all ASA members are welcome. The general meeting starts at 6:30. The guest speaker will be Michael J. Procaccini CPA/Engineer, CEO and Managing Partner of the Algorithm Tax Group, headquartered in Warwick, RI. Mr. Procaccini will discuss “Research & Development Tax Credits.”

Michael holds a B.S. in Accounting from Bryant University and also a B.S. in Chemical Engineering from the University of Rhode Island. After working as a Public Accountant, including for a Regional Public Accounting Firm, he founded Algorithm Tax Group to focus on client tax benefit engagements. The firm represents clients seeking tax benefits for R&D Tax Credit, Cost Segregation and Energy Credits. Its hands-on, nuts-and-bolts approach achieves results by reviewing tax returns and performing due diligence during acquisitions, utilization, and other tax matters.

Michael’s talk will draw on his experience of over 15 years and 3000 engagements with clients, CPAs and Enrolled Agents in the USA and Canada. “Battle-tested” by numerous successfully defended IRS examinations, Michael’s understanding of R&D projects, cycles, and expenses is informed by a dual accounting and an engineering background. A business owner and strong advocate for his clients, Michael has a unique perspective to share!

Mr. Procaccini’s presentation is sure to be of value to ASA members in all disciplines. As seating for this talk is limited, please register early for this educational and productive evening which qualifies for 2 hours credit toward ASA reaccreditation.

Dinner is $35 per person for members and guests. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, where you can also take advantage of the reduced cost 5-Meeting Plan this month only. Otherwise please make checks payable to ASA Philadelphia Chapter 35. Please RSVP by Friday, September 21, to Executive Secretary Anita Luciani by mail to ASA Philadelphia, 7201 Frankford Ave # 6, Philadelphia, PA 19135-1010 or by email.

May Meeting: The Business of Professional Soccer

The May Chapter Meeting will be held on Wednesday, May 1, 2019, at Talen Energy Stadium, 1 Stadium Dr, Chester, PA 19013 (map), home of the Philadelphia Union, the City’s Major League Soccer team. The Board of Directors will meet at 5:00 pm in the Fearless Conference Room in the historic Wharf Building adjacent to the Stadium; all ASA members are welcome.

Chapter Meeting

The Special Chapter Meeting will be held at 6:30 pm on the Stadium’s Seaport Deck or Bridge Deck. The Guest Speaker, a Philadelphia Union Executive, will discuss “The Business of Professional Soccer.”

The MLS Game

The Philadelphia Union game begins at 7:30 pm. The Union, a member of the MLS Eastern Conference, finished as runners-up in the 2014, 2015 and 2018 U.S. Open Cup tournaments. The Union is playing well-ranked FC Cincinnati, an expansion team in its first year of MLS play.

The Cost

The subsidized cost, including a game ticket waiting for you at the will-call window, is $35 per person for members and guests. The price includes buffet style food, soft drinks, water, and domestic beers. It does not include parking, which is $20/car at the Stadium. Seating for this Major League Soccer outing is limited.

Payment

In order to take part in this exciting and educational Professional Soccer evening, you need to sign up no later than March 30, 2019 — we need to transmit payment and the list of attendees to the Philadelphia Union by April 1, 2019.

To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Only page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail — to arrive by March 30th — to Anita Luciani, Administrative Assistant, ASA Philadelphia, 1229 Chestnut St PMB 232, Philadelphia, PA 19107-4140. Email Anita with questions.

3-HR Pennsylvania Understanding Leases Course

The Philadelphia Chapter of the American Society of Appraisers will sponsor a three-hour Pennsylvania Continuing Education class — Understanding Leases on Wednesday, November 28, 2018 from 9:00 am to noon at Andy’s Diner, 2224 Lincoln Highway (Rte 1) Trevose, PA 19053 (215-638-1444)

The instructor will be Robert J. Luciani, ASA, IFA, a PA Certified Real Estate Appraiser & Assessor. Mr. Luciani is Deputy Assessor in the Office of Property Assessment for the City of Philadelphia. Chapter Members are familiar with him from the courses he teaches as an AQB (Appraiser Qualifications Board) Certified USPAP Instructor.

From farmland to factories, from malls to warehouses, from hotels to offices, from stores to apartments, more than 60% of Pennsylvania real estate is leased, not owned outright. This course reviews basic lease law, both common law and Pennsylvania statutes.

Appraisers will learn how the terms and provisions of leases impact the income stream, the valuation process, and ultimately the property value. Assessors will get an overview of how lease terms such as expenses, percentage rent, overage rent and tenant improvements establish the value of the lease for assessment purposes. Both will be exposed to the basics of lease analysis — gross vs. net leases, percentage of sales clauses, etc. The object is preparation for advanced courses in real property appraising and assessing.

Please register early for this class which qualifies for three (3) hours of Continuing Education Credit for Pennsylvania Licensed Appraisers and Assessors.

Tuition for the class is $65 per person, which includes all course materials, breakfast at 8:30 am and lunch at noon, and may be paid by check or online. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail, including your name, phone number and email address, to ASA Philadelphia, 1229 Chestnut St PMB 232, Philadelphia, PA 19107-4140. Please RSVP by email to Anita Luciani, Administrative Assistant.

PLEASE NOTE: Mr. Luciani will conduct two (2) Pennsylvania Continuing Ed classes for Appraisers and Assessors at Andy’s Diner on Wednesday, November 28, 2018, a 3-HR Pennsylvania Understanding Leases Course ($65) from 9:00 am to noon, and a 2-HR Pennsylvania Appraisal Law Course ($45) from 1:00-3:00 pm.

2-HR Pennsylvania Appraisal Law Course

The Philadelphia Chapter of the American Society of Appraisers will sponsor a two-hour Pennsylvania Appraisers/Assessors Law Certification Course on Wednesday, November 28, 2018 from 1:00-3:00 pm at Andy’s Diner, 2224 Lincoln Highway (Rte 1) Trevose, PA 19053 (215-638-1444)

Robert Luciani The instructor will be Robert J. Luciani, ASA, IFA, a PA Certified Real Estate Appraiser & Assessor. Mr. Luciani is Deputy Assessor in the Office of Property Assessment for the City of Philadelphia. Chapter Members are familiar with him from the courses he teaches as an AQB (Appraiser Qualifications Board) Certified USPAP Instructor.

The class covers the required topics of the Pennsylvania Real Estate Appraisers Certification Act and the Assessors Certification Law, and the Regulations of the Pennsylvania State Board of Certified Real Estate Appraisers. It emphasizes changes to the laws made during the past two years and offers a refresher on the provisions most relevant to everyday practice.

2-HR PA Appraisal Law Course The Pennsylvania State Board of Certified Real Estate Appraisers requires biennial recertification for State Licensed Appraisers and Assessors, with all certificates expiring on June 30 of odd-numbered years (eg., 6/30/19). This class meets the specific requirement for two (2) appraisal re-certification hours on the Real Estate Appraisers Certification Act.

Please register early for this mandatory class which qualifies for two (2) hours of Continuing Education Credit for Pennsylvania Licensed Appraisers and Assessors.

Tuition for the class is $45 per person, which includes all course materials and lunch at noon, and may be paid by check or online. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail, including your name, phone number, and email address, to ASA Philadelphia, 1229 Chestnut St PMB 232, Philadelphia, PA 19107-4140. Please RSVP by email to Anita Luciani, Administrative Assistant.

November Meeting: The Medical Marijuana Industry in Pennsylvania

The November Chapter Meeting will be held on Wednesday, November 14, 2018 at the Doubletree Guest Suites in Plymouth Meeting, PA. The Board of Directors will meet at 5:30 pm; all ASA members are welcome. The general meeting starts at 6:30. The guest speaker will be Dr. Jonathan Gusdorff, DO, Medical Director and Managing Partner of the Firefly Dispensaries in south central Pennsylvania. Dr. Gusdorff will discuss “The Medical Marijuana Industry in Pennsylvania.”

Dr. Gusdorff is the rare physician who succeeds both in medicine and in business. After a decade as a practicing neuroradiologist, clinic Director, and Associate Professor at Oklahoma State University Medical Center, he co-founded CareSTAT Urgent Care Centers, which he sold successfully after three years. Today, Dr. Gusdorff is growing Firefly Dispensaries, which serves patients in the Pennsylvania medical marijuana program.

Dr. Gusdorff followed up his B.A. in Psychology from Hofstra University with post-baccalaureate pre-med studies at Columbia University in New York. He earned his DO at the Philadelphia College of Osteopathic Medicine, where he also served an Internship. After a Residency in Diagnostic Radiology at the Bryn Mawr Hospital and a Fellowship in Neuroradiology at the Emory University School of Medicine, Dr. Gusdorff worked in Neuroradiology for a decade before co-founding CareSTAT Urgent Care Centers.

Dr. Gusdorff will talk about the market for medical marijuana — who can benefit from using it — about the business model and the regulatory environment, and whether the growing market for medical marijuana will provide a steppingstone to recreational legalization. Dr. Gusdorff’s presentation is sure to be of interest to ASA members in all disciplines. As seating for this talk is limited, please register early for this educational evening which qualifies for 2 hours credit toward ASA reaccreditation.

Dinner is $35 per person for members and guests. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page. Otherwise please make checks payable to ASA Philadelphia Chapter 35. Please RSVP by Friday, November 9, to Executive Secretary Anita Luciani by mail to ASA Philadelphia, 1229 Chestnut St PMB 232, Philadelphia, PA 19107-4140 or by email.

September Meeting: Minor League Franchise Valuations

The September Chapter Meeting will be held on Wednesday, September 26, 2018 at the Doubletree Guest Suites in Plymouth Meeting, PA. The Board of Directors will meet at 5:30 pm; all ASA members are welcome. The general meeting starts at 6:30. The guest speaker will be Gary Loewenstern, CPA, CVA, a Principal in the Blue Bell, Pennsylvania office of HBK CPAs & Consultants, a multidisciplinary financial services firm. Mr. Loewenstern will discuss “Minor League Franchise Valuations.”

Gary earned a B.S. in Accounting from Drexel University’s LeBow College of Business and was a Partner in Resnick, Amsterdam, Leshner, P.C when it merged into HBK in 2016. He has more than 30 years experience advising small business owners, including: minor league sports franchises, television broadcasters, government contractors, investment advisors, providers of information technology, food services and professionals in many fields.

Gary has represented more than 40 minor league baseball franchises since 1986. His experience with the franchises includes; financial statement preparation, federal, state and local tax services, business valuation, expert witness testimony, budgeting, due diligence services for the buying and selling of the franchises, concession consulting, lease evaluations, internal control evaluations, and more.

Mr. Loewenstern’s presentation is sure to be of value to ASA members in all disciplines. As seating for this talk is limited, please register early for this educational and productive evening which qualifies for 2 hours credit toward ASA reaccreditation.

Dinner is $35 per person for members and guests. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, where you can also take advantage of the reduced cost 5-Meeting Plan this month only. Otherwise please make checks payable to ASA Philadelphia Chapter 35. Please RSVP by Friday, September 21, to Executive Secretary Anita Luciani by mail to ASA Philadelphia, 1229 Chestnut St PMB 232, Philadelphia, PA 19107-4140 or by email.

Real Property: 4-Hour Continuing Education Class

The Philadelphia Chapter of the American Society of Appraisers will sponsor a four (4) hour class – Collection & Verification of Residential Data in the Sales Comparison Approach – from 9:00 am to 1:00 pm on Thursday, September 27, 2018, at the Hilton Garden Inn, 530 W Pennsylvania Ave, Fort Washington, PA 19034 (215-646-4637). The instructor will be Robert J. Luciani, ASA.

The four-hour Collection & Verification of Residential Data in the Sales Comparison Approach Class is required of all Licensed Pennsylvania and New Jersey Real Property Appraisers before the next license renewal. The class is based on Valuation Advisory #8 from the Appraisal Practices Board of The Appraisal Foundation.

Please register early for this mandatory class which qualifies for four (4) hours of Continuing Education (CE) Credit for Pennsylvania and New Jersey Licensed Appraisers.

Tuition for the course is $75.00, which includes course materials and a Continental Breakfast. Please complete the Registration Form and mail it with your check for $75.00 to ASA Philadelphia Chapter, c/o Blythe Kelly (609-502-4037), 135 Wells Rd, Doylestown, PA 18901. Seating is limited so please reserve ASAP.

May Meeting: An Evening at the Rosenbach Museum

The May Chapter Meeting will be held on Tuesday, May 15, 2018 at the Rosenbach Museum and Library at 2008-2010 Delancey Place, Philadelphia, PA 19103 (215-732-1600; map). The Board of Directors will meet at 5:30 pm; all ASA members are welcome. The general meeting from 6:30-8:30 pm will include a buffet dinner and private tour of the Rosenbach townhouses, including the current exhibition, Of Two Minds: Creative Couples in Art and History.

The Rosenbach Brothers
Located in two immaculately maintained 19th century townhouses minutes from Rittenhouse Square, the Rosenbach Museum was established by the testamentary gift of Dr. A.S.W. Rosenbach and his brother and business partner, Philip Rosenbach — bachelors who lived at 2010 Delancey. The brothers were probably the most famous dealers of rare books, manuscripts, and decorative arts of the early 20th century.

Rosenbach Interior

The Brothers’ Legacy
The Museum contains the brothers’ original libraries and residential areas as well as their collections of rare books, manuscripts, furniture, silver, paintings, prints, drawings, and sculpture. Among the treasures are James Joyce’s manuscript of Ulysses and the earliest known letter by George Washington. And manuscripts, notes, photos, and drawings from other luminaries including Lewis Carroll, Cervantes, Thomas Jefferson, Charles Dickens, Joseph Conrad, and Dylan Thomas.

Other Collections Rosenbach Library Two other collections deserve special mention. Maurice Sendak, the famed

author and illustrator of Where the Wild Things Are and many other books, had a close, personal relationship with the Rosenbach and donated his rare book collection, including books by Herman Melville, Beatrix Potter, and William Blake.

The Rosenbach also owns almost all of the manuscripts and papers of Modernist poet Marianne Moore, as well as her personal library, thousands of photographs, and the contents of her Greenwich Village living room — which is permanently installed on the third ﬂoor of the historic Rosenbach house.

Register
Space is limited, so please register early for this intriguing educational evening, which will include heavy hors d’oeuvres, wine and b

Sendak at Rosenbach

eer. You’ll want to bring a guest

to this special event, which qualifies for 2 hours credit toward ASA reaccreditation.

Payment
The cost, including the private tour and buffet dinner, is $35 per person for members and guests. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page. Otherwise please make checks payable to ASA Philadelphia Chapter 35. Please RSVP by Thursday, May 10, to Chapter President Sheila Gorman by mail to 10 Presidential Blvd, Bala Cynwyd PA 19004, email, or phone (484-270-1240).