Estate, Tax & Donation Appraisals
Appraisals for Estates, Tax Matters and Donations
When farm or rural property is inherited, gifted, donated or placed under an easement, its value needs to be well supported. I prepare narrative appraisal reports on agricultural and rural property for these purposes across eastern South Dakota.
Estate settlement: Appraisals of land, farmsteads and rural residences for estate settlement.
IRS tax matters: Appraisals for tax purposes, including special use valuation under Section 2032A for qualifying farm property.
Charitable donations and conservation easements: Appraisals of donated land and of conservation easements for IRS charitable contribution purposes.
Each assignment starts with a conversation about the purpose of the appraisal, who will rely on it and what it needs to cover. I apply ASFMRA methodology and the three approaches to value as appropriate, and I follow USPAP.
Call (605) 736-2791 to discuss your property. This page is general information and is not legal or tax advice. Your attorney or tax advisor can tell you what your situation requires.
