IRS Commercial Appraisals
Tax-related filings involving commercial real estate—gifts, estates, contributions, and other situations—often require a qualified, independent appraisal. We provide valuation documentation performed to professional standards for use by you and your tax advisor.
An IRS appraisal is a valuation performed for a tax-related purpose, such as a gift, an estate filing, a charitable contribution, or another situation where the value of commercial real estate must be documented for tax purposes. It is an appraisal assignment, and the definition of value, the effective date, and the qualifications required are often specified by the applicable tax rules. The deliverable is an appraisal report documenting the property and a supported value conclusion.
We cannot promise acceptance by the IRS or any taxing authority. What we provide is an independent appraisal performed to professional standards, which your tax advisor can use to support a filing. Whether the appraisal meets the specific requirements for your situation—and the qualifications the rules require—should be confirmed with your tax professional before you engage.
When Clients Need This Service
Owners and their advisors request IRS-related valuations when commercial real estate is transferred or valued for tax purposes— gifts to family or entities, estate filings, charitable contributions, and similar situations. Attorneys and CPAs rely on a qualified, independent appraisal to support the value reported.
For example, an owner transferring a partial interest in a commercial building to children may need a defensible value for the gift. An executor filing an estate return may need a date-of-death value. In each case, the value reported on the return should be supported by a qualified appraisal rather than estimated, so the filing can withstand review.
What the Analysis Considers
The factors relevant to this assignment vary with the property and the question being asked. Depending on the agreed scope, the analysis may consider:
- The specific tax situation—gift, estate, contribution, or other—and the applicable rules
- The definition of value and the effective date the rules require
- Whether the appraisal must be performed by a 'qualified appraiser' under the applicable rules
- Market value supported by comparable sales, income, and cost evidence as of the effective date
- Any partial interests, fractional holdings, or entity structures to be reflected
- The report format and content the rules or the client's advisor require
- The effective date—often a past date for estate or retrospective situations
Not every assignment applies all three valuation approaches. The approaches used depend on the property type, available data, and the assignment's intended use.
Documents & Information That May Help
Providing the following can streamline an assignment, but not every item is required to begin. We can discuss what is available during the initial call.
The tax purpose and the applicable rules
From your tax advisor
Required effective date and definition of value
Property address and ownership documents
Leases, rent roll, and financials as of the effective date
Entity or interest documents
If a partial interest is involved
How the Engagement Works
Every engagement begins with a conversation so the scope, fee, and timing fit the property and the question you need answered. A typical engagement moves through these stages:
Initial discussion
We learn the tax purpose, the property, and the date and definition required.
Scope confirmation
We confirm the definition of value, effective date, report format, fee, and timing—and the qualifications required.
Information collection
We gather leases, financials, and ownership documents for the effective date.
Inspection & research
We inspect when appropriate and research market evidence as of the required date.
Analysis & delivery
We conclude value under the required definition and deliver the report for your tax advisor's use.
Scope, fees, and timing depend on the property type, assignment complexity, and the report format the client or intended user requires. We confirm these in writing before work begins.
Frequently Asked Questions
Common questions about this service.
Closely Related Services
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Free Appraisal Quote
Tell us about your property and what you need the valuation to address. To help us respond quickly, please include the property address, property type, assignment purpose, the relevant valuation date, and your requested completion date.
Gold Rush Appraisal provides commercial real estate valuations across Texas. Call us directly or send the details through the form and we'll get back to you promptly.
214-761-6875