At 08:36 AM 4/19/99 -0400, you wrote: >Dear Pam, > >Find out what that company is _willing_ to pay for this piano. If >that much take the money and run to the local Yamaha/Kawai dealer and >get a "real" piano. > >If your customer donated the piano to a church or charity and you >valued the piano at $X and supplied papers to that effect then the IRS >will hold you responsible for the difference of the real value and >your valuation. In order for that deduction to be valuable you will >have to put your SS# and signature on the valuation. > > Newton FYI, Wordage to include on an appraisal is: Appraisal reflects what an informed buyer would pay an informed seller. That is what I am told the IRS likes to see. And yes, it better not be outlandish. Reagrds, Jon Page ~~~~~~~~~~~~~~~~~~~~~ >Pam Jenkins wrote: >> >> Hello. My name is Pamela Jenkins. I am a tuner in coastal Maine. >> Are there any piano historians out there who would know the approximate >> worth of a Knabe console manufactured in 1942 with a # of 134020. >> >> A customer of mine received a valuation from a company of 15,900. I was >> skeptical. Any ideas? > Jon Page Harwich Port, Cape Cod, Mass. (jpage@capecod.net) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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