Find Out What You Need To Know Before You Make A Costly Mistake
99.9% of appraisal reports fail to accurately value the tangible assets. Why? That's a great question, and we're glad that you asked. Inaccurate appraisals are not uncommon, and they can cause serious consequences to your business, as can reliance upon any one of the following methods to determine the value of capital equipment. How many of these methods do you currently use?
Guess;
Rely on book value; or
Rely on the word of a non-certified person who may have a "hidden" agenda.
Are you surprised to learn that all three methods are inaccurate and filled with liability?
If an Appraisal Report is based on guessing, relying on book value, or relying on a word of a non-certified person who may have a "hidden" agenda, the Report will not hold up scrutiny because it lacks substantiation. Not only can values not be substantiated, but the Report itself is not written to reflect the approaches to value, market conditions, photographs and required substantiation that a USPAP Report contains. USPAP (Uniform Standards of Professional Appraisal Practice) was promulgated by Congress and is accepted around the world as the authoritative source for machinery/equipment and business appraisals.
What's Your Machinery And Equipment Really Worth?
The Answer To That Question Can Affect Your Most Important Business Decisions
When it comes to business, at some point in time, you will probably need to know the true value of the machinery and equipment. Since the answer to that question often affects an important decision, it makes good business and financial sense to utilize a professional appraiser.
Business owners, attorneys, IRS, lenders and courts all ask the same question..."What's the machinery and equipment really worth?" Is there goodwill? Do only the tangible assets of the business have value? If so, how are those assets valued? The Certified professionals at North Texas Appraisers are members of NEBB Institute, the nation's most-respected machinery/equipment appraisal and brokerage leader. We travel coast-to-coast and worldwide establishing fair market value of machinery and equipment. With over 450 members coast-to-coast and worldwide, we are skilled in determining a substantiated, irrefutable, defensible estimate of value that our clients can rely upon.
North Texas Appraisers delivers an accurate, irrefutable, defensible, and descriptive Certified Appraisal Report that includes photographs, model and serial numbers, and other descriptive information that will withstand scrutiny. Our assignment of value is based on extensive research, personal inspection, and contact with manufacturers and suppliers to determine what items are really worth.
For These Reasons...
It's No Wonder That North Texas Appraisers Is The Most Sought After Machinery & Equipment Certified Appraisers.
The Tax Code Requires:
The appraisal of capital equipment must be substantiated, USPAP compliant and hold up to IRS scrutiny.
The appraisal must be conducted by a "qualified appraiser" submitting a "qualified appraisal".
Professional training, education, knowledge, expertise, and the professional credential of Certified Machinery & Equipment Appraiser enable North Texas Appraisers to deliver a comprehensive and detailed Certified Machinery & Equipment Appraisal Report consistent with the ethics and guidelines mandated by the Uniform Standards of Professional Appraisal Practice (USPAP).
USPAP, promulgated by Congress and the Appraisal Foundation, is the leading authoritative source for appraisals.
