Who are the participant in the property market?

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What is a property's fair market value according to the IRS?

The IRS defines fair market value of property for the purposes of taxation. Most often this is determined for charitable contributions, as taxpayers can deduct the fair market value of property don... Read More »

How do I calculate the market value of a property?

Get ComparablesTalk to a real estate agent. Have her compile a list of similar properties that have sold in the last six months within a 1 mile radius of the property.Figure DepreciationAdjust the ... Read More »

How to Find Fair Market Value of Property?

Whether you plan to sell a piece of property in the near future or simply want to get an idea of the value of the asset to determine your net worth, you'll have to find out its fair market value. T... Read More »

Market Value vs. Assessed Value of a Home Property?

Homeowners, home buyers and home sellers may be keenly interested in different measures of a home's value, two of which are assessed value and market value. It's important to understand these terms... Read More »