How do I determine the fair market value of property donated to county commison for right of way?
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lisaclarkal
New Member

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.

1 Reply
RichardG
New Member

How do I determine the fair market value of property donated to county commison for right of way?

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

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