Ag Equipment Appraisals & Valuations, Cost Seg Studies
Agricultural Equipment Valuations
Growers, ranchers, crop transporters and food processors need accurate and professional values for their ag-related equipment, whether for borrowing and lending, due diligence, business combinations, insurance documentation, or family law matters such as estates, gifts, or divorce.
We specialize in agricultural equipment valuations for farm-wide California agricultural operations including field crops, row crops, fruit and nut orchards, rice ranches, vineyards, ornamentals and aquaculture to dairy, livestock and poultry, including off-field operations such as food processing, packing and transportation.
NorCal Valuation ag equipment appraisals are independent, defensible and USPAP compliant. Each valuation report is locally produced — researched and written by an experienced, local equipment appraiser with valuation expertise in farm equipment, transportation fleets, and agriculturally related manufacturing and processing.
Call us at 530.795.5536 for a free consultation regarding your agricultural equipment appraisal needs.
We appraise all agricultural equipment & machinery, and related equipment, including
Field & Seed Crops
Balers & Rakes
Blenders & Conveyors
Irrigation & Pumps
Mowers & Cutters
Shakers & Sweepers
Sprayers, Spreaders & Tenders
Tractors & Tractor Implements
Other Equipment used in Ag
Power Units & Compressors
Scrapers & Graders
Transportation, Trucks & Trailers
Agricultural Cost Segregation Studies
Let our experience with Cost Segregation Studies for ag properties help cut your tax payments
through increased depreciation deduction in early years of ownership.
Cost Segregation Studies could benefit almost anyone who’s involved in agriculture. The general concept of Cost Segregation Studies is that personal property—such as removable flooring, plumbing and electrical components connected to personal property—is segregated from the real property of foundations, walls and other structural components. While this works well for most properties, our experience proves that Agricultural Cost Segregation Studies need a broader view.
Cost Segregation Studies for farmers and ranchers need to consider far more than constructed buildings; we must also consider the ranch and farm land itself and all the improvements made to the property for the purposes of farming or ranching.
Of course, the land itself cannot be depreciated. But certain site improvements to the land can be: road coverings, for instance, if they’ve been privately built; pumps and wells; fences and gates; irrigation installations; and electrical wiring. And, in some cases, dams, ponds, and terraces. Most of the agricultural cost segregation study possibilities are spelled out clearly in IRS Publication 225, Farmer’s Tax Guide, which devotes nearly 3 full pages to Depreciation, Depletion, and Amortization.
Cost Segregation analyzes property costs to segregate allowable short life assets from longer life Real Property costs. It’s an IRS-approved method of re-classifying certain components and improvements of a commercial building from real to personal property. This process allows the assets to be depreciated on a five-, seven- or 15-year schedule instead of the traditional 27.5- or 39-year depreciation schedule of real property. For more discussion of what’s available to for accelerated depreciation on your agricultural properties, visit this blog post.
Agricultural Equipment Valuations and Cost Segregation Studies throughout California
NorCal Valuation serves the California agricultural communities throughout Northern California and beyond, including Greater Sacramento, the San Francisco Bay Area, Northern California coast, Central Valley, Sacramento Valley, San Joaquin Valley, Eastern Sierra, Yosemite, Bakersfield and even western Nevada. We’ve appraised farming, ranching, crop transportation fleets, and food processing facilities in the world-famous agricultural areas of the Sacramento Valley, the San Joaquin Valley, and the Central Coast:
Sacramento Valley: Sacramento, Elk Grove, Roseville, Davis, Vacaville, Fairfield, Lodi, Galt, Woodland, Redding, Chico, Colusa, Williams, Yuba City, Marysville, Redding, Red Bluff
San Joaquin Valley: Stockton, Merced, Fresno, Bakersfield, Modesto, Manteca, Tracy, Lodi, Lathrop, VIsalia, Madera, Hanford, Porterville
Central Coast: Salinas Valley, San Jose, Gilroy, King City, Lockwood, Salinas, Castroville, Chualar, Gonzales, Greenfield, Soledad, San Lucas, Santa Cruz, Monterey, Santa Clara, San Luis Obispo, Ventura, San Simon, Cambria, Lompoc, Arroyo Grande, Paso Robles, Pismo Beach, Atascadero, Santa Maria, San Clemente, Morro Bay, Avila Beach, Hollister