IRS Cost Basis Calculation

In addition to our core Appraisal services, our team provides expertise in calculating an estimate of the original IRS Defined Cost Basis, which is a crucial aspect required for IRS Form 8283 Part 1 Section 3, box (f). Our professionals are equipped to thoroughly...

Important Appraisal IRS Updates

Our CEO Jessica I. Marschall, CPA, ISA AM recently attended the Appraisers Association of America annual conference in Manhattan. IRS Counsel and presenters included Karin Gross, Meredith Meuwly, and Cynthia Herbert and provided critical...

Form 8283: Part IV and Part V, the Appraiser, and the Nonprofit

Form 8283 is indeed a crucial form when it comes to charitable contributions made by individuals and corporations in the United States. It is used to report non-cash charitable contributions, such as property...

Donate Estate Property: Help Local Charities

Our team at Probity Appraisal Group and The Green Mission Inc assist our clients with estate property donations nationwide. Along with our mission to divert construction waste from the landfill, we also help clients donate valuable...

Appraising Your Appraiser

Deconstruction is the careful dismantling of a structure with the intent to salvage and reuse the materials and property. Valuable property is kept out of the landfill reducing the construction industry’s carbon footprint and property can be reused and...

Appraisers Association of America IRS Updates 2022

Our President & CEO Jessica Irving Marschall had the opportunity to attend the Appraisers Association of America (AAA) annual personal property appraiser’s conference in New York City this month...

Important IRS Qualified Appraisal Updates

The Green Mission Inc. and Probity Appraisal Group executives Jessica I. Marschall, CPA, ISA AM, AAA Associate Member, and Mayur Dankhara, ISA AM, LEED AP attended the ASA annual conference and left with boatloads knowledge! From...

A message from our President & CEO Jessica I. Marschall, CPA, ISA AM, AAA Associate Member

We are excited by the many deconstruction and reuse projects occurring nationwide! Spring 2022 has been a busy time for all of us in the deconstruction industry. Our team appreciates working...

The Hidden Value in Your Remodel

congratulations! You bought a gorgeous home with tall trees, and it’s in a beautiful neighborhood; it has everything you need to build a wonderful life, except the kitchen doesn’t fit your needs, and the bathroom is outdated. And let’s not forget...

The Green Mission Inc. Appraisal Updates

The Green Mission Inc and Probity Appraisal Group opened our doors in September 2019. Since then, we have become industry leaders in appraisal production—substantiating non-cash charitable contributions for federal and state tax deductions...

American Society of Appraisers Conference Updates from The Green Mission Inc. Team

Any appraiser, whether appraising gems and jewelry, antiques, decorative art, architectural salvage, appliances, furnishings, or any other personal property, must be educated. In fact, the IRS requires education...

Reimagine Holiday Shopping

Every day we hear that the supply chain for goods is currently jammed in a hopeless bottleneck. Raw materials cannot arrive to factories to be made into new products and, even when they can, shipping lanes are blocked due...

Time to Try a New Appraiser?

Sometimes clients and nonprofits fall into a rut of using the same service providers for many years, without evaluating what is right for their clients. We would like to offer an alternative and highlight the superior appraisals produced from our companies...

Making a Cultural Shift to Pre-owned Property

The latest climate report from the Intergovernmental Panel on Climate Change (IPCC), states that “Global warming is dangerously close to spiraling out of control” and humans are “unequivocally” to blame. Of necessity, society...

IRS Qualified Appraisers and Appraisals Matter

Chirelli v. Commissioner, T.C. Memo 2021027 March 3rd, 2021 is another tax court case in which a taxpayer lost their non-cash charitable contribution due to lack of substantial compliance by the appraiser in producing an IRS Qualified Appraisal...

Affirmation of Mann v. United States, United States Court of Appeals for the Fourth Circuit

In the recent Mann v. United States case, the federal court of appeals set important precedent in determining how deconstructed and donated building materials, furnishings, and fixtures...

Estate Property Donations - comparing charitable donations versus selling

The Green Mission Inc. works closely with clients who choose to donate personal property from their estate to charities. Not only does this give the property a second life, it directly impacts the lives...

Addendum D: Sales Comparison Approach in Deconstruction and Reuse Appraisals

As noted in our appraisal, we primarily employ the Sales Comparison Approach in determining the Fair Market Value. Below includes a definition of this approach by two personal property...

Appraiser Ethics and the Qualified Appraiser

As an introduction, the role of an appraiser is to provide an unbiased opinion of value. They are not to accept assignments that place the appraiser into a position of advocacy for a client or client’s interest. Appraisers should not allow...

Deconstruction and Reuse Appraisal Standards

The past two years have been a whirlwind of professional excitement since entering the deconstruction and appraisal space. I ran and concurrently run a small tax consultation practice of 19 years. It was fascinating to delve into the appraiser practitioner side...

Real Estate and Personal Property Appraisals: Similarities and Differences

I began my career as an appraiser 20 years ago before transitioning to personal property appraisals—specializing in the value of deconstructed materials. With both types of appraisals, similar questions...

Deconstruction Appraisal Valuation Guidance by the American Society of Appraisers

Appraisal Principles and Procedures, Henry A. Babcock, FASA is the core course publication used by the American Society of Appraisers (ASA) as a textbook for becoming a credentialed member of their organization...

Deconstruction appraisal services at a higher standard

The Green Mission Inc. is excited to announce our expanded best-practice protocol for deconstruction appraisal production.  In light of two recent cases that disallowed tax deductions for deconstructed...

How Nonprofits Can Play a Role in Vetting Qualified Appraisers

Non-profit organizations provide an invaluable service to people and companies looking to donate personal property and building materials that they no longer want or cannot use..

Is Your Appraiser Qualified?

There are approximately 17-20 personal property appraisers nationwide whose focus resides in the deconstruction industry. Out of the few, some may not even have the requisite education and skills to apply accurate values to..

Protecting the Integrity of the Deconstruction and Donation Industry

The deconstruction and charitable contribution donation industry is made up of many different moving parts. It is a symbiotic relationship between architects, property owners...

Non-Cash Charitable Donations and Appraisals: Protecting Yourself as an Appraisal Client

Ensuring the accuracy, documentation, and substantiation of your appraisal is crucial. Here are key steps to protect yourself when seeking an appraisal for non-cash charitable donations....

Charitable Donations of Inventory and Other Property

IRS §170 details charitable contributions as taken by individual and corporate taxpayers on their income tax returns. A provision outlined within this section allows the donation..

The Qualified Appraiser

Within the industry of personal property appraisal production, many brilliant individuals utilize conservative and accurate valuation and set the standard for the industry. Unfortunately, like any..

Proper Deconstructed Material Valuation in a Qualified Appraisal

Proper valuation of deconstructed building materials is critical in producing an accurate appraisal valuation when producing a qualified appraisal. Unfortunately, the practice of utilizing construction software called..