Category: Appraisal Process

Appraisal Process -- June 24, 2024
Where to Donate Building Materials: A Guide to Maximizing Benefits and Supporting Communities
Donating building materials can be a rewarding way to contribute to the community while also reaping significant tax benefits. As a company with 20 years of experience in deconstruction appraisal services, we have a deep understanding of the value of salvaged materials and extensive connections with non-profit organizations across the…
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Appraisal Process -- July 8, 2021
The Advantages of Calculating Cost Basis: What Is It & Why Should I Have It?
One way that sets Green Donation Consultants apart from other personal property appraisal companies is to include a cost-basis calculation with our qualified appraisal documents. This is often an extra cost if other companies even provide this service. Our appraisal reports itemize each item line by line, and we provide…
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Appraisal Process -- June 13, 2021
Real Property Appraisals vs. Personal Property Appraisals
For clients to receive a tax deduction for deconstruction, all IRS guidelines need to be followed appropriately. There are several IRS cases brought to court that taxpayers have lost out on their valuable deductions because they did not have the correct appraisal documents. Green Donation Consultants follows all IRS guidelines,…
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Appraisal Process -- May 24, 2021
Winner of the 2021 Best of Fredericksburg Award: Green Donation Consultants
We are thrilled to announce that Green Donation Consultants has been deemed the "Best in the Burg" Award in the Appraisal category! Each year, the Fredericksburg Award Program chooses local exemplary businesses for recognization. According to their website, "We focus on companies that have demonstrated their ability to use various…
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Appraisal Process -- May 15, 2021
How to Calculate Fair Market Value
There are a lot of industry-specific terms when dealing with deconstruction and tax deductions. While you won’t be expected to understand everything, we work with our clients to inform and educate them throughout the process. It is crucial that they have a basic understanding of asking informed questions and understanding…
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Appraisal Process -- May 7, 2021
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…
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Appraisal Process -- April 1, 2021
What Is Fair Market Value?
One of the most common questions that arise while clients review their appraisal is, "What is fair market value?" It is commonly misunderstood as the price that someone paid for an item initially, but that isn't true. It is important to note that fair market value (FMV) is much different…
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Appraisal Process -- March 24, 2021
Green Demolition: The Benefits are Far-Reaching
When deciding between traditional demolition and green demolition, known as deconstruction, you may be looking at the pros and cons. It can seem so much more straightforward to knock a residential or commercial building down, clean up, start with a clean slate. While traditional demolition may be faster, you are…
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Appraisal Process -- March 5, 2021
The Dangers of Choosing the Wrong Appraisal Firm
So you have already decided to deconstruct your property, but now you need to choose an appraisal firm to complete the necessary paperwork for the Internal Revenue Service (IRS). How do you know what appraisal firm is better than another? Picking the wrong personal property appraisal firm can have serious…
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