What Is an IRS-Approved Appraiser?
One of the terms you may encounter when seeking out deconstruction services is an IRS-approved appraiser, or more commonly known, a qualified appraiser. Things can get a bit confusing, as many appraisal companies will use similar terms but avoid the word “qualified” if they lack the proper designation. To get the tax savings, you are seeking deconstruction. You must understand what a qualified appraiser is, how to find one, and why they are essential.
What Is a Qualified Appraiser?
A qualified appraiser is an individual who has earned the designation from a recognized professional appraiser designation. An appraiser would need to demonstrate the knowledge and experience to have the level of competence to evaluate the types of materials you are donating properly. The IRS also requires that the appraiser needs to have met specific educational requirements depending on the appraisals they are completing. If you are unsure if your appraiser is qualified, just ask to see their credentials and ask if they meet the IRS requirements.
How to Find a Qualified Appraiser
Since you are reading this blog, you are in luck! Green Donation Consultants has one of the largest teams of qualified personal property appraisers in the country! Our team can handle everything when it comes to your deconstruction appraisal from start to finish. We have decades of experience in writing personal property appraisal documents for the IRS. If you are looking for a qualified appraiser or IRS-approved appraiser, contact our office.
Why Is It Important?
If you had decided to utilize deconstruction, you must have the assistance of a qualified appraiser. While there may be appraisal professionals that can complete a document for you at a lower cost, it could be much more expensive in the long run, with the denial of your tax deduction. An appraiser that is specifically trained and has the unique experience in preparing a personal property appraisal from deconstruction is much more able to provide an accurate document. When you have an accurate document to submit to the IRS, you are much less likely to run into any roadblocks that could prevent you from receiving your tax deduction.
Are you ready to get started with deconstruction and need a qualified appraiser? Contact the Green Donation Consultants team today at 800-870-3965.