Why Do I Need A Certified Machinery & Equipment Appraisal?
How do you determine the value for the capital equipment?
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!
