Jo Crescent, NorCal Valuation’s operations manager and co-owner, earned her ASA in Appraisal Review and Management (ARM) in January. In addition to full ARM accreditation, the American Society of Appraisers offers two other options for those interested in ARM: a discipline-specific specialty designation for current Accredited Senior Appraisers in its other disciplines and an ARM…Read More
Throwback Thursday: Campbell’s Sacramento Legacy
In 2014, I walked into the old Campbell’s Soup plant in south Sacramento with a camera, clipboard, a pad of paper, a limited asset list, and noted appraiser Bob Podwalny. Our assignment was a retrospective 2013 property tax appraisal. Comstock’s article about the facility’s redevelopment references the plant as one of the “oldest and most…Read More
Jack Young Named American Society of Appraisers “2021–2022 Appraiser of the Year”
The American Society of Appraisers awarded its 2021–2022 Appraiser of the Year recognition to Jack Young, CPA, ASA Machinery and Equipment and Appraisal Review, and Carol Akers Klug, MBA, ASA Business Valuation. ASA International President David Crick presented the awards at the Association’s 2021 International Conference in Las Vegas. Each year, this award recognizes two…Read More
Valuing Recycling Equipment: Case Study
Considering obsolescence for recycling equipment Following the most recent transfer of ownership, an expansive multi-generational waste management and recycling corporation in central California needed a business valuation for gift tax return. While a business valuation can be performed without an equipment valuation, in the case of machinery-heavy industries, the prudent option is to involve…Read More
ASA International Appraisers Conference 2019
At this year’s ASA 2019 Advanced Business Valuation & International Appraisers Conference, Appraisal Review & Management (ARM) is sponsoring some great presentations. I worked with attorney Angela Somers on a complicated case that recently settled, and I’m especially excited to hear her presentation on Valuation in Litigation: Destruction of the Company Damages. Other presentations from ARM How to Have More Influence…Read More
Busch’s Standards: Recipe for Reality, Thoughts on Chapter 1
Lawrence Busch’s Standards: Recipes for Reality covers the subject of standards in considerably more complexity than was really necessary for our purposes: developing a section on standards for appraisal review classes. As early as the introduction we found what the class needed, but by then I was already captivated by his premise that standards shape…Read More
Rest in Peace: Robert Podwalney, FASA & Life Member
Robert Podwalny, FASA and Life Member, passed away on April 16, 2018, at age 74 after a lengthy ordeal with cancer. He is survived by his wife Linda, sons Robert & Daniel, and his sister Alexandra, grandchildren Kayla, Evan, Emma, Lili and Lincoln, as well as many nieces, and nephews. You can read more about his…Read More
Finding the Best Equipment Appraiser
This article by Joe Santora, ASA, was published earlier this summer on Equipment Finance Advisor and subsequently on Joe’s LinkedIn page, where I found it. I think you’ll enjoy Joe’s explanation of why choosing your equipment appraiser wisely is a critical step in the equipment finance process. Thanks, Joe, for granting permission to republish here! “You have…Read More
USPAP 2014-15: 7 Notable Changes
Every two years, USPAP (Uniform Standards of Professional Appraisal Practice) gets an update. That doesn’t mean, of course, that all appraisers are learning about the updates in the same year that the new version of USPAP hits the streets. In fact many appraisers only take a USPAP class every 5 years! Or, as we discussed in…Read More
American Society of Appraisers Election Results
American Society of Appraisers members elect new slate of officials. Locally, Sacramento Equipment Appraiser Jack Young elected to Vice-president of ASA NorCal chapter. Read More
ASA Education in SF: Les Miles, ME207, Advanced Cost Approach, June 16-18
Les H. Miles, Jr., FASA, CEA, FAPI, will teach a 3-day seminar–ME 207, Advanced Cost Approach–in San Francisco this June, 16-18. This is an important seminar not only for machinery & equipment appraisers, but for anyone interested in using or understanding the theory and practice of advanced cost approach in appraising: appraisers, of course, in any specialty area, but also realtors, loan officers, attorneys, bankers and CPAs. Read More
Qualified Appraisers, ASA & the IRS
An explanation of IRS standards for qualified appraisers, written by NorCal ASA president Bob Lentz, originally published in the Sept 2010 newletter for the NorCal ASA chapter. Read More