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              House & Estate Tag Sale Service  and Appraisals                       Selling The Contents of Your Home -  Virtual Tours, YouTube, Zoom, or Face time


Serving All of Westchester County, Connecticut, 

and Long Island

914-834-0968 - Office

914-420-9225 - Cell

franstagsale@gmail.com

We Are open and Always Here To Assist and Help You with all of your needs.

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Estate Appraisal Reports

Estate Appraisal Reports 

There is no best time to have a person like myself to write an appraisal report for all of your personal property from your dearly departed.

I have been writing " Qualified Estate Appraisals " . I became a member of the Appraisers Association of America - since the mid 1990's and then shortly after that I needed to pass an exam that is dictated by Appraisal Institute in Washington D.C. along with higher expectations from the Internal Revenue Service , the IRS Adds "Qualified Appraiser" to Estate Tax Rules.

Per Notice 2006-96, the IRS defines “qualified appraisal” as a document that:

• Is made, signed and dated by a qualified appraiser (defined below) in accordance with generally accepted appraisal standards

• Meets the relevant requirements of Regulations section 1.170A-13(c)(3) and Notice 2006-96, 2006-46 I.R.B. 902 (available at www.irs.gov/irb/2006-46_IRB/ar13.html)

• Relates to an appraisal made not earlier than 60 days before the date of contribution of the appraised property

• Does not involve a prohibited appraisal fee

• Includes certain information, such as a property description, terms of the sale agreement, appraiser identification information, date of valuation and valuation methods employed, among other requirements.

The IRS defined qualified appraiser as an individual who:

Has earned an appraisal designation from a recognized professional appraisal organization (such as the Appraisers Association of America ( A.A.A. )  etc. ) or has met certain minimum education and experience requirements - 
 ( U.S.P.A.P. Exam -  Uniform Standards for Professional Appraisal Practice )  
Regularly prepares appraisals for which the individual is paid
Demonstrates verifiable education and experience in valuing the type of property being appraised

 

Fran's Tag Sale LTD
9148340968
Michael Fanelli
Fran's Tag Sale LTD
9148340968
Michael Fanelli
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