You're wondering "What's it worth?". That's not an easy question. The answer is always "it depends".
Why get an appraisal?
Because bad things happen, and you may need to replace what you have.
You might be paying too much taxes based on your last evaluation.
Machinery & Equipment Appraisals
Why Trust The Value Of Your Machinery And Equipment To Just Anyone?
You shouldn’t trust just anyone with determining a value for your machinery and equipment. Why? That’s a great question and we’re glad that you asked.
Determining a value for machinery and equipment should be done by a “qualified” and “Certified” professional. An Appraiser that has proven experience, professionalism, and and most importantly, is Certified.You also should make sure that the appraisal company that you work with is USPAP compliant and prepares a Certified Machinery & Equipment Appraisal mandated by the IRS, CPAs, lenders, and the U.S. Small Business Administration. That way, you are assured that you are working with an industry leader who is a respected provider widely accepted and sought after by other professionals.
The Certified Machinery & Equipment Appraisers (CMEA) at Schur Success Auction & Appraisal are widely known as respected industry leaders. Backed by experience and certification, our certified appraisals are prepared according to the ethics and reporting mandated by the Uniform Standards of Professional Appraisal Practice (USPAP), promulgated by Congress and the Appraisal Foundation. It is the leading authoritative source for appraisals. Our CMEA Appraisers are certified by the Nebb Institute.
We subscribe to the principles of the "Code of Ethics & Competency” Appraiser Awareness Program is to protect the public from unsubstantiated or questionable machinery and equipment appraisals. Our seal serves to alert the public to the documentation we know is necessary to prove that an appraiser is competent. This assures an appraisal will be substantiated, accurate, irrefutable, defensible, and will withstand scrutiny.
If a machinery and equipment appraiser doesn’t meet these standards, your best option is to continue to look for an appraiser that does!
Do You Need An Equipment Appraisal?
If you can answer “YES” to any of the following business situations, you absolutely need an independent third party appraisal. Do you need an appraisal for...?
- Buy/Sell Agreement
- Estate Plannings
- 1031 Exchanges
- Trust Agreements
- Tax Purposes
- Business Valuations
- SBA Loans
- Insurable Value
- Property Taxes
- Retirement Planning
- Cost Segregation
For information about Certified Equipment and Machinery Appraisals, call Rich Schur, CMEA, at (866) 290-2243, ext. 2.