In the majority of cases, lenders, courts, or government agencies require appraisals. A 3rd party that is completely unbiased performs the appraisals.

The real property and investments of the business enhance a business valuation by increasing the financial picture of the business.

The proprietor of a business can prepare a list of business assets that have accrued over the life of the business. However, certain assets are subject to depreciation. Assets fall into several categories: Current Intangible Plant Current assets include those to which current creditors may look for payment; this may be cash or assets expected […]

Accounting for the amount of revenue that is returned to the business by client purchases of goods or services is the first most commonly asked question about a business. If a business is to be sold, it is the receivable accounts that determine the annual incoming revenue potential. Venture capitalists and buyers of businesses ask […]

Business Valuations are essential to understanding the overall value of real business property, assets, and working capital. Business Valuations help maintain industry status and are a good method of business identification among Fortune 500 companies. There are several commonly asked questions regarding business valuations. These include: Total value of annual accounts receivable alue of assets […]

A follow-up meeting can be requested. Substantial documentation and additional paperwork can be submitted to challenge the appraisal or the use classifications.

If the property is considered to be a residence, the owner may qualify for an exemption if the ownership can be linked to the current tax year.

A person can supply financial documentation, financial reports, and statements from other property owners. A person can also supply income tax records to illustrate their history for a given property.

A person who owns multiples tracts of land adjacent to each other, will have one single appraisal for the entirety of land.

The schedule for appraisal is tied to a cycle. It is not tied to a specific person, so if the land is sold, the schedule is based on the last year of appraisal.