DUAL-SIGNED APPRAISAL

Property Tax Appraisals Backed by Credentialed Experts

Every ProperTax Appraisal™ is signed by two credentialed experts: an MAI (Member of the Appraisal Institute) for the real estate and a CPA/ABV (Certified Public Accountant, Accredited in Business Valuation) for the business value. RealAdvice® helps commercial real estate buyers pay only the taxes that they legally owe by separating non-taxable intangible value from taxable real estate at closing.

Why One Expert Isn't Enough

Appraisers and accountants value property from opposite directions. A real-estate appraiser starts with the land and buildings. A business valuation accountant starts with the operating business and its intangible assets. Working separately, they reach different answers, and the space between those answers is where a valuation gets challenged.

The PairedExpert™ approach puts both experts on one engagement. Each determines the value according to their own discipline, and the two values are reconciled to the purchase price before the report is signed.

What Does a ProperTax Appraisal Include?

Each appraisal gives you what you need at closing and after:

  • The allocation: your purchase price divided among real property, tangible personal property, and intangible value.
  • Two signatures: an MAI for the real estate and a CPA/ABV for the business value.
  • Support for every conclusion: the methods, data, and reasoning behind each number.
  • State and local tax use only: the report doesn’t affect your lender’s appraisal or your federal taxes.
  • Closing support: guidance on the purchase and sale agreement (PSA) language and closing documents.
  • Follow-through: administrative appeals, if needed, through the applicable tax year.

Who Signs a ProperTax Appraisal?

Appraisal, law, and accounting are all regulated professions, and our team holds credentials in all three. Our appraisers hold the MAI designation from the Appraisal Institute, and our business
valuation specialists hold the Accredited in Business Valuation (ABV) credential from the American Institute of Certified Public Accountants (AICPA). The wider team includes Counselors of Real Estate (CRE), members of the Royal Institution of Chartered Surveyors (RICS), and an attorney board certified in real estate by The Florida Bar.

Built for Scrutiny

A ProperTax Appraisal is built to hold up with assessors, the local officials who set a property’s assessed value for tax, and with auditors and courts. Our methodology was approved by the Florida Department of Revenue in 1991, upheld in the Disney rulings in 2018 and 2020, and vetted in federal bankruptcy court in 2022.

Questions About the Appraisal

What is a PairedExpert™ appraisal?

It’s a single appraisal signed by both an MAI real-estate appraiser and a CPA/ABV business valuation specialist. The two values are reconciled to the purchase price in one report.

Part of the purchase price is business value, and valuing a business is an accounting discipline. The CPA/ABV values the intangible assets, and the MAI values the real estate.

A ProperTax Appraisal works for all commercial asset classes. Multifamily, office, retail, hotel, industrial, and data center transactions come up most often.

No. It’s restricted to state and local tax use and doesn’t change your lender’s appraisal or your federal tax basis.

The report is typically issued about ten days before closing. To leave enough time, bring us in at the letter of intent (LOI) or PSA stage, and no later than 14 days before closing.