IRS Charitable Donation
So your thinking about donating a significant amount of non-cash items for an IRS charitable donation with a possible Fair Market Value of over $5,000? If the value is over $5,000 its a good idea to have it appraised by a qualified appraiser. And a good place to look for a qualified equipment appraiser is the American Society of Appraisers (ASA). ASA is a world-renowned and respected international organization devoted to the appraisal profession. ASA is the oldest and only major appraisal organization designating members in all appraisal specialties.
We have a significant amount of experience and are up to speed on the changing rules regarding the appraising of assets for charitable donations. If certain criteria is met it is possible to appraise the assets without an inspection. Typically we provide a USPAP compliant appraisal along with photos of the subject property, market data, and the IRS form signed by a qualified appraiser.