The real property, personal property, and business valuation professionals at Marshall & Stevens provide independent opinions of value for property tax reporting and dispute.
Our team of full-time professionals have experience with the valuation of assets and enterprises in a great variety of industries including agriculture, automotive, data center, energy generation and distribution, food and beverage, healthcare, hospitality and gaming, manufacturing and distribution, office, retail, self-storage, technology, and vacant land.
The scope of work for ad valorem/property tax assignments includes, as required:
For more information about how we can be of assistance, please contact one of the professionals listed below.
Our Transaction Opinion team collaborates with our internal multi-disciplinary professionals to provide the value analyses and fresh independent opinions to fiduciaries, financing sources and investors for public and private company transactions.
Marshall & Stevens performs real estate appraisals for financing, estate and gift tax planning and reporting, buy/sell consideration, insurance, easements, property tax, and litigation.
Marshall & Stevens provides appraisals of machinery, equipment, vehicles, and special purpose property for financing, financial reporting, property tax, insurance, and litigation.
We work with our clients and their financial institutions, investors, insurance companies, and other trusted advisors to provide the independent value opinions they require.
The accelerated depreciation benefits (tax savings) from a cost segregation analysis on acquired real estate (or just improvements to a leased space) can typically pay for a material percentage of the transaction costs and/or multiple financing payments.
The cost segregation analysis provides an allocation of a portion of 1250 real property assets to 1245 personal property, which may result in quicker depreciation of some assets on the property tax rolls.
We perform onsite inspections of facilities to improve the accuracy of the asset records and the valuation analysis. Site inspections keep investors from capitalizing and paying for property taxes and insurance on assets no longer owned or in use (aka Ghost Assets).
There is often a material depreciation benefit to stepping up the value of acquired assets vs taking them over at book value. We provide preliminary estimates to determine if the fair value step up of the acquired assets is worthwhile to the acquiror.
We also find that sellers’ asset lists typically include a material percentage of assets no longer in use (“ghost assets”). Cleaning up the asset list can benefit a buyer in numerous ways:
Reducing goodwill
Not paying for insurance and property tax on assets that don’t exist.
Complying with audit requirements to have control of their assets.
Marshall & Stevens provides Fairness and Solvency Opinions, valuation analyses, investigative accounting, and expert witness services to assist public and private clients with their important transactions and litigation matters.
