Back in the San Jose area late last month, this time inspecting construction equipment for a family law appraisal. We’ve done so much equipment appraisal work in the San Jose area that it’s almost like going home! The October weather, of course, was perfect, as is to be expected in Santa Clara County.
Driving through San Jose, Milpitas, Mountain View, Millbrae, and Santa Clara, we recognize businesses that have benefited from our appraisals for financial accounting purposes such as purchase price allocation and those who use appraisals for other reasons. Sometimes we are batting clean-up for divorces, helping folks get the last bit of legal/financial settlements squared away so they can move into a new phase of their lives.
Other work we’ve done in the San Jose area includes equipment appraisals for estate planning, tax appeals, buy/sell agreements, insurance settlement disputes and bankruptcy liquidations. We’ve prepared equipment appraisal reports for Santa Clara Valley corporations, law firms, banks, insurance companies and individuals. And a wide range of equipment! Agriculture and food processing equipment and construction equipment, of course, as well as various manufacturing facilities.
On this particular visit, everyone we saw – from attorneys to storage facility staff, baristas, and school kids dressed in orange and black – was fairly vibrating with excitement about the World Series! There was, in fact, a game scheduled for that same evening. But since we hadn’t managed to get tickets, we took a trip out to South San Francisco to visit the Aviation Museum in the SFO International Terminal instead of plunging into traffic at rush hour.
Visiting the airport without luggage, without having to pass security or catch a plane was a different experience than we usually have at an airport, leaving town loaded down with our equipment appraisal gear. It was great to see the PanAm Globe (not the original, legendarily rescued from a Miami dumpster, and part of my personal family history). And the exhibit that focused on the China National Aviation Corporation (part of the ongoing China Clipper exhibition) was fascinating on several levels.
Airplanes have always been a big part of my life, as I’ve admitted in previous posts. And it was hard to tear myself away from the collection of model jets displayed in the front window of the Aviation Museum. The collection represents the first 3 decades of commercial aviation’s jet age, from the early 1950s to the late 1970s. My favorite – probably because it’s the one I think of as my father’s plane – is the Boeing 747. Maybe one of your favorites is on display there as well?
Jack Young, ASA, CPA
Bay Area Equipment Appraiser & Airplane Fan
NorCalValuation.com
