Author Archive for Chris Rials, MCMEA, SBA

Wind / Hydro / Solar / Energy Equipment Appraisal

Do you need an Energy Equipment Appraisal?

  • Energy Equipment Appraisal

  • Wind Construction Equipment Appraisal

  • Hydroelectric Equipment Appraisal

  • Solar Equipment Appraisal

solar-panels-energywind-turbineswater-turbine-generatorsolar-energy-parabolic

We have performed Hundreds of Certified Energy Equipment Appraisals. This includes everything from the smallest solar panel to large Wind Farms.  Our Appraisers are Nationwide and can easily appraise your equipment in multiple locations and sites. Our database includes over 4 million pieces of equipment and we easily do Custom Equipment Appraisals as well.

10 Best Equipment Appraiser Review Questions

These 10 things are the most common and best equipment appraiser questions we have and we have tried to give our shortest answer. We have also included a link to a more in depth answer to give you the best information we can provide.

Please call and talk with an Equipment Appraiser, No Pressure – Just Answers…

800-785-6061

1. What does an Equipment Appraisal Cost?

  • Answer: Each Appraisal is individually quoted based on one of three methods. 1st – Amount of Line items, 2nd Amount of Time, 3rd Flat Rate. Every client has different needs – there are factors like duplicate items, small cost items that can be combined, travel time, multiple locations, rush delivery of the appraisal report, litigation concerns, etc.. With that in mind we review each job and we try to save the client money with our bid while still giving a realistic bid based on real conditions. We also like to give you an expected total cost up front – our quotes usually can get back to you within an hour.
  • We are almost always Below or equal to our competition, but at Master Certified Equipment Appraiser quality.
  • Article: Negotiating Fees for Equipment Appraisers

2. How long does an Equipment Appraisal Take?

  • Answer: Again this is specific to the Equipment Appraisal. On most small to medium jobs we can usually have the report in your email within 3 -5 days after we have received all of the data. The site visit timeframe and / or data collected by your staff would add time to that and should be planned for. Larger jobs (100+ pieces of equipment or multiple distant locations) will be given an expectation up front. The longest we have ever taken is 2 weeks and that was a 5 state, 12 location, 1200 item job).
  • Generally our Turn-a-round is 1/3 of the normal appraisal company time.
  • Article: What Equipment Appraisers do – Time Expectations.

3. Are your Equipment Appraisers Local?

  • Answer: Yes and No! We have over 400+ local Appraisers we use, and we mirror the exact appraiser specialist to the equipment they are familiar with. Additionally we have 3 Master Certified Equipment Appraisers (1 in each of our Primary Regional Offices) that we try to use first. Many Appraisal Reports require the appraiser to be “More” qualified, and we make sure you are covered in that instance.
  • Please note: there are some instances that a “Local” appraiser is a bad idea – feel free to ask us more about that.

4. Do you offer SBA / IRS Qualified Appraisal Reports?

  • Answer: Yes! We only produce Qualified and Certified Equipment Appraisal Reports. We use the U.S.P.A.P. and I.F.R.S. guidelines depending on the client’s specific needs. All of our Appraisers have passed stringent training, maintain continuing education, and hold themselves out as Certified Machinery and Equipment Appraisers. Our Appraisers have one or more of the top certifications in this field those being: MCMEA (Master Certified Machinery & Equipment Appraiser), CMEA (Certified Machinery & Equipment Appraiser), ASA (Accredited Senior Appraiser).
  • We have 3 of the 23 Master Equipment Appraisers in the USA
  • Article: Lending, Financing, SBA Equipment Appraisals

5. Are your Appraisers Certified and by whom?

  • Answer: Yes! This is the same as above. We only produce Qualified and Certified Equipment Appraisal Reports. We use the U.S.P.A.P. and I.F.R.S. guidelines depending on the client’s specific needs. All of our Appraisers have passed stringent training, maintain continuing education, and hold themselves out as Certified Machinery and Equipment Appraisers. Our Appraisers have one or more of the top certifications in this field those being: MCMEA (Master Certified Machinery & Equipment Appraiser), CMEA (Certified Machinery & Equipment Appraiser), ASA (Accredited Senior Appraiser).
  • Our Appraisers are Certified By the NEBBI and / or the ASA with many other designations in other disciplines. 

6. Can your Equipment Appraisers be Expert Witnesses for Court, and Litigation cases?

  • Answer: Definitely! Our appraisal reports are substantiated, irrefutable, and reviewed for law changes constantly. We strictly follow the most current guidelines of U.S.P.A.P. (Uniform Standards of Professional Appraisal Practice) as promulgated by congress as the industry guideline. our Appraisers (especially our Master Appraisers) are court tested, and have passed the Daubert Challenge in every court they have appeared in.
  • Our Appraisal Report Format is easy to present and defend and has been positively received by every Judge who has reviewed our documentation.
  • Article: Litigation / Court Equipment Appraisals

7. What Information / Data do you need to Start?

  • Answer: We will schedule your appraisal and work through collecting the data either by an onsite visit or through desktop collection after we receive the following from you:
  1. The Client Requesting the report.
  2. The Business and or locations where the equipment is located.
  3. The Value Level you want us to appraise the equipment at.
  4. The Time Frame you need your report in.
  5. What the Appraisal is for (Needs to be Specific).
  6. An asset list or depreciation schedule to quote the job.
  7. Contact information (Phone, Email, Titles, Etc.)

8. What do you mean by Value Level of Equipment?

  • Answer: There are 12 different types of value that can be applied to equipment and they each have a specific situation in which to be used and very specific U.S.P.A.P. definition of each. That being said most clients only need 1 or more of the following (see the Article or request a copy of the specific current definitions from us):
  1. Fair Market Value in Continued Use (Going Concern Business including setup, install, and tweak in time costs)
  2. Fair Market Value (Going Concern Business)
  3. Orderly Liquidation (Sale of equipment over time)
  4. Forced Liquidation (Sale of equipment on specific date – Auction)

9. What’s the difference between an Onsite and Desktop Appraisal?

  • Answer: 1st – the method of data collection on the equipment or machinery is different between the reports. Our values will be the same, the research will be the same, and the report will be the same except for a statement that says the data was collected by our appraisers or by the business. 2nd – the cost of the desktop appraisal will be lower due to the fact that our equipment appraiser did not physically go onsite thus time for the appraiser.
  • We offer a Free Data Collection Form that will help you give us all of the information we need in a perfect format saving YOU Time & Money. – Just Ask!
  • Article: Onsite Appraisal Article: Desktop Appraisal

10. Can’t I just get a local Dealer or Auctioneer to Appraise my Equipment?

  • Answer: Short answer – Dealers, Auctioneers, Equipment Resellers, and other non-Certified people offer appraisals, Don’t Risk It.
  • BEWARE! They are almost never certified by a real certification company.
  • BEWARE! They are usually Bias in some way about value (are they hoping to buy it or sell it and fudge the price accordingly).
  • BEWARE! They will say they are the same – but they are NOT. And their reports are usually worthless in court, rarely accepted by SBA, IRS, or other entities, and are starting to be rejected by Banks and other Lenders.
  • The Most Expense Appraisal You will ever buy – Is the second one because your first appraiser was not accepted!
  • Articles: How to Hire the Right Equipment Appraiser

Coal Mining Equipment Appraisal

Do you need a Coal Mining Equipment Appraisal?

You need an Equipment Appraiser who truly understands your industry SO YOU CAN ACHIEVE the Buy/Sell, the Merger and Acquisition, the Internal Accounting, win the Lawsuit, or any other of the 20 reasons an equipment appraisal has been requested.

We Are Master Equipment Appraisers

We have appraised thousands of pieces of Coal Mining Equipment in most areas of the country including Coal Mining in the Appalachian Region, (West Virginia, Virginia, Kentucky, Tennessee, and into Georgia). We have also worked in the Coal Mining Interior Region in Kansas, Missouri, and Texas. Finally we have had several large scale coal mining equipment appraisals in the Coal Mining Western Region including Wyoming, Montana, North Dakota, and South Dakota.Coal Mining Regions

We Understand the Challenges You Face with Regulation

We have worked in

Coal Surface Mining Equipment (Click Here for the Specific Page)

Coal OpenCast Mining Equipment (Click Here for the Specific Page)

Coal Underground Mining Equipment (Click Here for the Specific Page)

Coal Deep Mining Equipment (Click Here for the Specific Page)

& Coal Mining Service Equipment such as Demolition, Shipping, Equipment Service, and many other external support companies like Drillers, Etc.

We have a the Perfect Equipment Appraisal System

Our simple process of Equipment Appraisal Data Collection truly speeds up the turnaround time on our Equipment Appraisals.

  • We match the exact equipment appraiser to your specific niche.
  • Our Appraisal process is Faster (usually 1/3 of the time of other appraisers)
  • We use Master Appraisers to Complete, or at least Review every Job
  • We deeply understand and research the current trend in equipment values and give up to date substantiated, and irrefutable values.
  • We work around your timelines and Site Visit Needs.
  • We are Discreet & Ethical
  • We help you through the process and realize that we are a step to a larger goal.
  • We also offer Desktop Appraisals that are lower cost and save even more time (not recommended for litigation appraisals)

Let us prove to you we are the exact appraisal company you need. Call now

800-785-6061

C To S-Corp Conversion Equipment Appraisal

What goes into a C To S-Corp Conversion Equipment Appraisal?

Our Answer about C-Corp to S-Corp Equipment Appraisals:

The primary thing we have found when dealing with this type of equipment appraisal is focusing on the larger equipment. We have seen that an average equipment value of $1,500 and up needs to have its own line item on the appraisal. Smaller items such as hand tools, furniture, and electronics can usually be lumped into general categories to save both time and cost on the equipment appraisal.

We also find that having the CPA or Attorney hire us helps establish an arms-length transaction in case there is ever any future disputes about the equipment appraisal.

We are:

  • Certified
  • Irrefutable
  • We Know your Equipment
  • Substantiated
  • Court Tested
  • Master Level Appraisers

Here are some primary things you need to consider:

  • A Certified Appraisal is Required by the IRS
  • We Appraise at the Proper Value Level (See Below)
  • Decide on a realistic line item value threshold – Ask us about this if unsure
  • If there is potential Litigation – Make sure your Report is Certified
  • We are Master Appraisers and Also Business Appraisers & Brokers
  • We Understand the Laws and Reasons Surrounding Conversions
  • We work hand in hand with your Accounting Team

Here is a brief overview from the AICPA

Corporate-level tax on built-in gain: The excess of the FMV of assets over their adjusted basis at the time of the S election is built-in gain. Any of this built-in gain recognized during the 10-year period beginning with the first day of the first tax year for which the corporation was an S corporation remains subject to corporate-level tax. Only the excess of the FMV of those assets over their respective tax basis is subject to this corporate-level tax. Post-election appreciation is subject to only one level of taxation. Thus, it is essential that an appraisal of all assets be performed at the time of the S election to document the assets on hand and to keep track of their future sale.

Appraisal of all assets means all assets, even assets that are not reflected on the corporation’s balance sheet, including self-created intangibles, such as goodwill and going-concern value, and patents and trademarks, the costs of which have been expensed. The appraisal process should be similar to that undertaken when allocating an FMV purchase for an entire business among its various assets. The importance of accurate appraisals cannot be overemphasized. There are severe civil penalties for misstating the value of property.

 

Onsite Local Equipment Appraisal

Do You Need an Onsite Local Equipment Appraisal?

Then you should consider our Onsite Certified Appraisal…

Here are the main reasons Businesses use and Appreciate our Service.

We Provide:

  • Best Match between your company and the Equipment Appraiser
  • The report will be in your hands 3x faster than other Appraisal Companies
  • The Most Advanced and Up to date Methodology or Data Collection and Research for your Equipment.
  • Your results will be Substantiated, Irrefutable, and accepted by the requesting entity.
  • We will help you through the process and make it simple – you can always feel free to ask your Appraiser if there is a better way to accomplish your goals and what type of appraisal fits your needs best.
  • Your Appraiser will be Certified, Familiar with your Industry, and will be reviewed if not directly performed by one of our Master Appraisers. 
  • A Local Appraiser when appropriate (we have access to over 400 in the USA alone)

Call us and request our CV / Resume, a free Ebook to help you “Equipment Appraisal 101 – The Basics”, and free forms that will help you through the Data Collection process. 

Call us now to talk directly with the Appraiser who will be helping you!

Desktop Equipment Appraisal

Do You Need a Quick, Low Cost, Equipment Appraisal?

Then you should consider a Desktop Appraisal…

Desktop Equipment Appraisals have the same certification level, are court tested, substantiated, and irrefutable like a standard onsite appraisals, with two major differences:

You Collect the Data & Pay Less

Call us and request our Free Data Collection Form to help You…

Desktop Appraisals are very common and will generally provide you with the same equipment values as you would have received with on onsite appraiser.  The primary difference is in the wording of our report where it will state the the data was collected by your representative and we have not physically seen the equipment. Our Desktop Equipment Appraisals are defensible and substantiated and have been court tested and used by Banks, the IRS, and the SBA many many times.

Key Benefits:

  • Much Lower Cost / (No Appraiser Travel Costs or Onsite Inspection Costs)
  • You Collect the Data / (Who knows your Equipment better than You)
  • Faster Turnaround / (You won’t have to sync up schedules with an Appraiser)
  • Same Certification (The exact same Certified Appraiser can do your report)

When to NOT use a Desktop Equipment Appraisal

  • No Onsite Data Collection Person is Available
  • When the Appraisal will be a key part of Litigation
  • When the Appraisal is requested by a Lender
  • Partnership Dissolutions
  • Divorce Settlements

Important Information about Bankruptcy Equipment Appraisals

I need a Bankruptcy Equipment Appraisal – Can you Help?

Important Info about Bankruptcy Equipment Appraisals 

We have been called into many Large Corporation Bankruptcies any many areas of the country. Often times we are brought in by the manager to establish exactly what equipment is currently in place. We will often times provide multiple values for the equipment. This allows the manager and the courts to decide if the company should continue as a going concern, be sold over time, or be liquidated. Our values can help a court predecide what is the best course of action. 

We are also called upon often as Expert Witnesses to advocate our equipment appraisal report values in the court room. We have passed the Daubert Challenge in several State and Federal Bankruptcy courts.

Call us to request more information and any information that can help you through this process.

In Bankruptcy / Insolvency / Repossession an Equipment Appraisal is many times Required or Needed.

Here are some primary things you need to consider:

  • A Certified Equipment Appraisal is a Strong Negotiating Tool
  • Our reports are Compliant and Very Detailed
  • Lower Costs due to Nationwide Appraisers
  • Line Item Value Thresholds based on your needs
  • Master Appraisers with Business Appraisal & Brokerage Experience
  • Fully Documented & Substantiated Files for Proof
  • Court Tested Expert Witnesses
  • Thousands of Appraisals Performed

Equipment Appraisal in Texas

 

Texas

Do you need a Certified Equipment Appraisal in Texas?

Our answers to this need are :

Our Master Equipment Appraisers have performed hundreds of Equipment Appraisals. This experience will directly affect you by getting the best equipment appraisal in Texas.

You will also receive advice on preparation for the Equipment Appraisal in Texas, the site visit, appraisal forms, understanding the market data, and any other concern you may have involving your report.

Our Texas Appraisers can easily appraise at any value level such as: Fair Value, Fair Market Value, Orderly Liquidation Value, Forced Liquidation Value, Replacement Value, Scrap Value, Etc.

Special Note on Divorce and Estate Appraisals – We suggest choosing an Appraiser from at least 1 County or more away to have a true Unbiased Report in case of litigation.

We Provide:

  • Best Match between your company and the Equipment Appraiser
  • The report will be in your hands 3x faster than other Appraisal Companies
  • The Most Advanced and Up to date Methodology or Data Collection and Research for your Equipment.
  • Your results will be Substantiated, Irrefutable, and accepted by the requesting entity.
  • We will help you through the process and make it simple – you can always feel free to ask your Appraiser if there is a better way to accomplish your goals and what type of appraisal fits your needs best.
  • Your Appraiser will be Certified, Familiar with your Industry, and will be reviewed if not directly performed by one of our Master Appraisers.
  • A Local Appraiser when appropriate (we have access to over 400 in the USA alone)

Call us and request our CV / Resume, a free Ebook to help you “Equipment Appraisal 101 – The Basics”, and free forms that will help you through the Data Collection process. 

We provide Certified Equipment Appraisals in Texas including all major areas like:

  • Equipment Appraisal in Houston, Texas
  • Equipment Appraisal in San Antonio, Texas
  • Equipment Appraisal in Dallas, Texas
  • Equipment Appraisal in Austin, Texas
  • Equipment Appraisal in Fort Worth, Texas
  • Equipment Appraisal in El Paso, Texas
  • Equipment Appraisal in Arlington, Texas
  • Equipment Appraisal in Corpus Christi, Texas
  • Equipment Appraisal in Plano, Texas

 

 

 

 

Equipment Appraisal in Oklahoma

 

Oklahoma

Do you need a Certified Equipment Appraisal in Oklahoma?

Our answers to this need are :

Our Master Equipment Appraisers have performed hundreds of Equipment Appraisals. This experience will directly affect you by getting the best Equipment Appraisal in Oklahoma.

You will also receive advice on preparation for the Equipment Appraisal in Oklahoma, the site visit, appraisal forms, understanding the market data, and any other concern you may have involving your report. Our Oklahoma Appraisers can easily appraise at any value level such as: Fair Value, Fair Market Value, Orderly Liquidation Value, Forced Liquidation Value, Replacement Value, Scrap Value, Etc. Special Note on Divorce and Estate Appraisals – We suggest choosing an Appraiser from at least 1 County or more away to have a true Unbiased Report in case of litigation.

We Provide:

  • Best Match between your company and the Equipment Appraiser
  • The report will be in your hands 3x faster than other Appraisal Companies
  • The Most Advanced and Up to date Methodology or Data Collection and Research for your Equipment.
  • Your results will be Substantiated, Irrefutable, and accepted by the requesting entity.
  • We will help you through the process and make it simple – you can always feel free to ask your Appraiser if there is a better way to accomplish your goals and what type of appraisal fits your needs best.
  • Your Appraiser will be Certified, Familiar with your Industry, and will be reviewed if not directly performed by one of our Master Appraisers.
  • A Local Appraiser when appropriate (we have access to over 400 in the USA alone)

 

 

Call us and request our CV / Resume, a free Ebook to help you “Equipment Appraisal 101 – The Basics”, and free forms that will help you through the Data Collection process. 


We provide Certified Equipment Appraisals in Oklahoma including all major areas like:

  • Equipment Appraisals in Oklahoma City, Oklahoma
  • Equipment Appraisals in Tulsa, Oklahoma
  • Equipment Appraisals in Norman, Oklahoma
  • Equipment Appraisals in Broken Arrow, Oklahoma
  • Equipment Appraisals in Lawton, Oklahoma
  • Equipment Appraisals in Edmond, Oklahoma
  • Equipment Appraisals in Moore, Oklahoma
  • Equipment Appraisals in Midwest City, Oklahoma
  • Equipment Appraisals in Enid, Oklahoma
  • Equipment Appraisals in Stillwater, Oklahoma

 

Equipment Appraisal in Missouri

 

Missouri

 

Do you need a Certified Equipment Appraisal in Missouri?

Our answers to this need are :

Our Master Equipment Appraisers have performed hundreds of Equipment Appraisals. This experience will directly affect you by getting the best Equipment Appraisal in Missouri.

You will also receive advice on preparation for the Equipment Appraisal in Missouri, the site visit, appraisal forms, understanding the market data, and any other concern you may have involving your report. Our Missouri Appraisers can easily appraise at any value level such as: Fair Value, Fair Market Value, Orderly Liquidation Value, Forced Liquidation Value, Replacement Value, Scrap Value, Etc. Special Note on Divorce and Estate Appraisals – We suggest choosing an Appraiser from at least 1 County or more away to have a true Unbiased Report in case of litigation.

We Provide:

  • Best Match between your company and the Equipment Appraiser
  • The report will be in your hands 3x faster than other Appraisal Companies
  • The Most Advanced and Up to date Methodology or Data Collection and Research for your Equipment.
  • Your results will be Substantiated, Irrefutable, and accepted by the requesting entity.
  • We will help you through the process and make it simple – you can always feel free to ask your Appraiser if there is a better way to accomplish your goals and what type of appraisal fits your needs best.
  • Your Appraiser will be Certified, Familiar with your Industry, and will be reviewed if not directly performed by one of our Master Appraisers.
  • A Local Appraiser when appropriate (we have access to over 400 in the USA alone)

Call us and request our CV / Resume, a free Ebook to help you “Equipment Appraisal 101 – The Basics”, and free forms that will help you through the Data Collection process. 

We provide Certified Equipment Appraisals in Missouri including all major areas like:

  • Equipment Appraisals in Kansas City, Missouri
  • Equipment Appraisals in St. Louis, Missouri
  • Equipment Appraisals in Springfield, Missouri
  • Equipment Appraisals in Independance, Missouri
  • Equipment Appraisals in Columbia, Missouri
  • Equipment Appraisals in Lee’s Summit, Missouri
  • Equipment Appraisals in O’Fallon, Missouri
  • Equipment Appraisals in St. Joseph, Missouri
  • Equipment Appraisals in St. Charles, Missouri