Guessing, relying on the word of the owner, relying on a depreciation schedule, or relying on the word of anon-certified person who may have a hidden agenda is INACCURATE and UNSUBSTANTIATED.  The SBA, IRS, courts and other require a Certified appraisal by a Certified Appraiser! 

Not all Appraisal Reports are equal!  Beware of appraisal reports that are not USPAP compliant and are prepared by a non-certified appraiser. USPAP (Uniform Standards of Professional Appraisal Practice), promulgated by Congress and the Appraisal Foundation, sets the ethical standards and what data is required in an appraisal report.

Only a Certified Appraiser who delivers a USPAP compliant Certified Machinery and Equipment Appraisal will

• Withstand Scrutiny

Because the data collected and reporting is...

• Substantiated
• Irrefutable
• Defensible

Why would you rely on any other type of appraisal report.  The answer is simple: You shouldn't!