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Ask an Instructor: Is It Permissible to Include Hyperlinks to Comparables in a Digital Appraisal Report? Tuesday, May 17, 2022 in Ask an Instructor
Question: When I am writing an appraisal report that is being sent digitally is it permissible to just include the hyperlinks to my comparables in the report? What are the best practices when sending a report digitally?
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The State of the Chinese Art Market: Strong With Subtle Nuances Monday, April 18, 2022 in Antiques
The Year of the Tiger is off to an auspicious start with the wildly successful auction results of Asia Week in New York City from March 16-25, 2022. Attendees were celebrating being back in person, buying enthusiastically, reflecting the overall current strong market for Chinese works of art, both ancient and contemporary.
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Starting or Moving Your Appraisal Business Wednesday, March 16, 2022 in Business Tips
For those of you who have “been around the block” and have no plans of moving, you may pick up some tips for tightening up your business practices or obtaining more work. For new appraisers, this article will hopefully get you off to a great start on your new adventure. This article will focus on selecting a name, registering your business, insurance, marketing tips, and business resources ISA provides its members.
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Tips for Canadian and Foreign Appraisers Completing IRS Charitable Donation Appraisals Thursday, December 9, 2021 in Business Tips
In the United States, the Internal Revenue Service (IRS) updated their rules for charitable donation appraisals for 2019. IRS charitable donation appraisals must have a Taxpayer Identification Number (TIN). Chances are if you are a Canadian or foreign appraiser, you don't have one. Here is everything you need to know about TINs and how to make a "qualified appraisal."
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Ask an Instructor: What Does Appraised Value Support Mean and Where Is It Applied? Wednesday, November 17, 2021 in Ask an Instructor
Question: I’m taking the Core Course in Appraisal Studies, and Lesson 21 discusses the IRS Preferred Appraisal Format for Works of Art Valued over $50,000. What does the IRS mean by "appraised value support"? Does this format only apply to Fine Art?
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Car Appraisals for the Generalist Wednesday, November 17, 2021 in Education
As a generalist appraiser preparing appraisals for estate functions or dissolution of marriage, you will eventually encounter a client asking you to include an automobile in your report. Should you oblige? Are you qualified to appraise a car, pick-up truck, or even a motorcycle?
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Embracing the Virtual Learning Environment Monday, August 23, 2021 in Education
Last year or so, when life was normal or considered normal, I would never think of meeting a client, fellow appraisers, attending a conference, or taking a class online only. But life as we knew it has forever changed. Amazingly so, to my surprise, I have begun to embrace this way of doing everyday business.
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Tips for Determining Scrap and/or Salvage Value Monday, July 26, 2021 in News, Education
An easy way to distinguish between scrap and salvage is that scrap is generally used for metals. Salvage is generally used for everything else, including fine art. I will first discuss salvage value, including where an appraiser might look for comparable sales, and then move on to how an appraiser might calculate scrap value.
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Ask an Instructor: Determining the Actual Cash Value (ACV) of Your Property Monday, July 26, 2021 in Ask an Instructor
Question: I have been asked by an insurance company to provide the actual cash value (ACV) on a painting by a famous 19th-century artist. I don’t understand how to determine ACV for this type of painting. Can you help me?
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Observing Future Trends - Furniture and Decorative Arts Monday, June 21, 2021 in News
As a generalist, I constantly read, listen, and observe auction values and retail prices in the furniture and decorative art markets. Auction houses and bidding platforms publish articles and blogs almost daily describing their thoughts and forecasts for values in the fine art market. However, I often cannot find observations about future trends and market outlooks in the areas of furniture and decorative arts.
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