Legacy Donation Appraisers

Charitable Donation Appraisals

IRS-qualified appraisals prepared for tax deductions and Form 8283 filings. Get defensible fair market valuations for your non-cash charitable contributions of personal property, equipment, vehicles & boats, and business interests.

  • USPAP-Compliant Qualified Appraisals
  • IRS Form 8283 Part IV completion
  • Fair market value for tax deduction compliance

Supporting our clients with donations to the largest DAFs, universities, museums, and nonprofit organizations in the United States

What is a Qualified Appraisal for Charitable Donation and Tax Deduction Purposes?

A qualified appraisal is a formal valuation report that meets specific IRS requirements under Treasury Regulation Section 1.170A-17. When you claim a deduction of more than $5,000 for non-cash charitable contributions, the IRS requires a qualified appraisal prepared by a qualified appraiser to substantiate the claimed fair market value.

The appraisal must be prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP) and include detailed information about the property, valuation methodology, and the appraiser's credentials. For donations exceeding $5,000, you must complete Section B of IRS Form 8283 and have your appraiser complete and sign Part IV (Appraiser Declaration).

Who Qualifies as a Qualified Appraiser?

Under IRS regulations, a qualified appraiser must meet several criteria:

  • Hold recognized appraisal credentials or demonstrate required education and experience
  • Regularly prepare appraisals for compensation
  • Demonstrate competency in valuing the specific property type
  • Provide their taxpayer identification number
  • Not be the donor, donee, or a related party
  • Not charge a fee based on a percentage of the appraised value

Legacy Donation Appraisers works with credentialed professionals holding recognized designations such as ISA (International Society of Appraisers), ASA (American Society of Appraisers), and AAA (American Society of Appraisers), ensuring your appraisal meets all IRS requirements.

Critical Timing Rules for Charitable Donation Appraisals

The IRS imposes strict timing requirements on qualified appraisals:

  • 60-day rule: The appraisal must be performed no earlier than 60 days before the date of contribution
  • Deadline: The appraisal must be completed no later than the due date (including extensions) of the tax return on which the deduction is first claimed
  • Valuation date: The effective date of valuation must be the date of the charitable contribution

If your donation occurs outside the 60-day window from the appraisal date, the report may need to be updated to reflect the correct valuation effective date. Planning ahead ensures compliance and avoids potential issues with the IRS.

Legacy Donation Appraisers values personal property, fine art, vehicles & boats, equipment, and business interests for IRS Form 8283 reporting

Legacy Donation Appraisers provides IRS-qualified appraisals across all major asset categories for charitable tax deductions, including:

Appraisal Cost and Process

Cost and Process for Charitable Donation Appraisals

Pricing for qualified appraisals varies based on several factors:

  • Asset type and complexity: Different asset categories require different levels of expertise and research
  • Number of items: Multiple items or collections may require additional time and documentation
  • Reporting requirements: Section B reporting, artwork over $20,000, and other specific requirements affect fees
  • Research depth: Complex or illiquid assets may require additional market analysis and documentation

We provide transparent fixed-fee quotes prior to engagement so you understand costs upfront. The typical process includes:

  1. Initial consultation and documentation review
  2. Research and market analysis
  3. On-site inspection (if required for the asset type)
  4. Preparation of USPAP-compliant appraisal report
  5. Completion of Form 8283 Part IV (Appraiser Declaration)
  6. Final delivery of all documentation for your tax filing

Turnaround time depends on asset complexity and documentation completeness, with many standard assignments completed within several business days.

5-Star Service

  • ★★★★★

    Exceeded my expectations in every way! They were extremely prompt, incredibly friendly, and remarkably affordable.

    Josh C.Cryptocurrency Appraisal
  • ★★★★★

    Very helpful and professional! I have searched for appraisers before and it's been hard to find someone who can manage complex projects. The items I donated covered many SKUs and Joe has managed to help me value them quickly and accurately! The team provided me with all necessary documents so I could submit with my tax return. Very pleasant experience with him and highly recommend!

    Yang S.Inventory Appraisal
  • ★★★★★

    I'd have given them 10 stars if it were possible. They were quick to reply, incredibly helpful, knowledgeable, professional and managed to make it fairly simple. I highly recommend them!

    Mikki F.Personal Property Appraisal
  • ★★★★★

    The best company I was lucky to find by accident. Their customer service is OUTSTANDING and a welcome surprise in today's world where good customer service is an anomaly! They returned an appraisal in a timely manner, it was clear, concise, cost-effective and exactly what I needed. My CPA is also thrilled to have them as an accredited appraisal service he can use for other clients. I rarely leave reviews, but I could not pass giving them 5 stars and I'd give 10 if possible!

    Lisa K.Personal Property Appraisal
  • ★★★★★

    We were very satisfied with the results - fast and efficient communication, understanding our company's needs, on-time delivery of the report, as well as reasonable price point. Highly recommend.

    Ekaterina M.Machinery & Equipment Appraisal
  • ★★★★★

    Professional & responsive. The report was quite thorough as well.

    Daniel L.Business Valuation

Where we work

Nationwide Charitable Donation Appraisal Services

We provide on-site and remote appraisal services across the following locations.

New York City

NY
  • New York County
  • Kings County
  • Queens County
  • Bronx County
  • Richmond County

Indiana

IN
  • Marion County
  • Lake County
  • Allen County
  • Hamilton County
  • St. Joseph County

Florida

FL
  • Miami-Dade County
  • Broward County
  • Palm Beach County
  • Orange County
  • Hillsborough County

New Jersey

NJ
  • Bergen County
  • Essex County
  • Middlesex County
  • Hudson County
  • Union County

Maryland

MD
  • Montgomery County
  • Prince Georges County
  • Baltimore County
  • Anne Arundel County
  • Howard County

Houston

TX
  • Harris County
  • Fort Bend County
  • Montgomery County

Las Vegas

NV
  • Clark County

Washington

DC
  • District of Columbia

Chicago

IL
  • Cook County

From Our Blog

Charitable Donation Appraisal Insights

Guides on IRS Form 8283, donation deduction rules, art and ticket donations, and the appraisal penalties to avoid.

Frequently Asked Question

See all frequently asked questions here

Do I need an appraisal for a charitable donation?

A qualified appraisal is required when you claim a deduction of more than $5,000 for non-cash property other than certain publicly traded securities. For donations under $5,000, you may not need a formal appraisal but should still maintain documentation supporting your claimed value. The appraisal must be prepared by a qualified appraiser and meet IRS requirements under Treasury Regulation Section 1.170A-17.

What is a qualified appraisal for the IRS?

A qualified appraisal must meet specific IRS requirements: be prepared in accordance with USPAP standards, completed by a qualified appraiser, include a detailed property description and condition, state the valuation effective date, explain the valuation methodology, provide the appraiser's credentials and competency declaration, state the fair market value as defined under IRS regulations, and be prepared for income tax purposes. The appraisal must also be performed within 60 days before the donation date.

How much does a charitable donation appraisal cost?

Cost varies based on asset type, number of items, complexity, and reporting requirements. Factors include asset category and valuation complexity, number of items being appraised, Section B reporting requirements, need for additional documentation such as artwork valued at $20,000 or more, and business or illiquid asset analysis. We provide transparent fixed-fee quotes prior to engagement so clients understand costs upfront.

What are the timing requirements for a charitable donation appraisal?

The appraisal must be performed no earlier than 60 days before the date of contribution and no later than the due date including extensions of the tax return on which the deduction is first claimed. If the donation occurs outside the 60-day window from the appraisal date, the report may need to be updated to reflect the correct valuation effective date.

Who qualifies as a qualified appraiser?

Under IRS regulations, a qualified appraiser must hold recognized appraisal credentials or meet required education and experience standards, regularly prepare appraisals for compensation, demonstrate competency in valuing the specific property type, provide their taxpayer identification number, not be the donor, donee, or a related party, and not charge a fee based on a percentage of the appraised value.

What is IRS Form 8283?

IRS Form 8283, Noncash Charitable Contributions, is used to report non-cash donations exceeding $500. When the claimed deduction exceeds $5,000, Section B must be completed and supported by a qualified appraisal. The form documents the property description, acquisition and donation dates, manner of acquisition, fair market value, donee acknowledgment, and qualified appraiser declaration.

What assets can be appraised for charitable donation?

We prepare qualified appraisals for a wide range of donated assets including personal property, fine art, machinery and equipment, business interests, inventory, bullion and precious metals, vehicles, and cryptocurrency. Each asset type requires specialized expertise and market knowledge to determine accurate fair market value.

Do you offer rush appraisal services?

Yes, we offer expedited appraisal services to help donors and advisors meet IRS filing deadlines, including support for Form 8283 Section B. Rush availability depends on asset type, complexity, and documentation readiness, so early coordination is recommended.

Request an Appraisal

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