When donating property that exceeds $5,000, the Internal Revenue Service requires the donee to submit a professional appraisal by a “qualified appraiser” with your tax return. Anubis Appraisal and Estate Services will prepare a precise and comprehensive report that will ensure that you, as the donor, will receive a full tax deduction from the IRS. The appraiser signs the 8283 form.
Fair Market Value appraisals reflect the realistic resale value of property from a willing seller to a willing buyer, with both parties having a general knowledge of the market.
