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How do I determine the fair market value of property donated to county commison for right of way?
I have form 8283 but it doesn't have a value for the donated property.
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June 4, 2019
2:22 PM
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Deductions & credits
Without an appraisal from a licensed real estate appraiser, it will be difficult to place a value on your donation. Moreover, if you expect the value of your donation is over $5,000, the IRS will not accept your deduction without the appraisal. Please IRS Pub 561 for more information. https://www.irs.gov/pub/irs-pdf/p561.pdf
June 4, 2019
2:22 PM