Saturday, September 04, 2010
 
Pricing

The fees you pay Mercury Chattel Appraisals are tax deductible.

Our prices are merely a small investment that will save you thousands of dollars in taxes.  Most investors have easily saved three times their investment in actual tax dollar savings. 

Our current price schedule is listed below.

Type of Property

 Report Cost

 Condo

 $595

 Townhome / Single Family Home

 $755

 Duplex

 $895

 Triplex

 $1045

 Quad

 $1195

 5+ units

 Call for Pricing

 Contact Mercury Chattel Appraisals to discuss your investment properties and tax strategies.

Complete the Request for Report and fax us a signed copy.  We need the following information to get started:

  • Owner Name
  • Property Address
  • Property Purchase Date
  • Property Cost
  • Property Value
  • Land Value - we can't use estimates.  (If you can't get this figure from the property appraisal, you can ask your CPA, mortgage broker, sales agent, or obtain it from the county tax records.)
  • Was the property acquired through a 1031 exchange?

When we receive your Request for Report, we wil contact you and/or your property management to schedule the walk-through.

What you will receive:

2 copies of the detailed Residential Cost Segregation Study
CD-ROM containing photos of all personal property (great for insurance purposes)
Valuation Methodology and Deprecation Schedule for your CPA
Documentation of all model and serial numbers (great for insurance purposes)
Investor ROI

Give this report to your CPA, and start saving on your taxes!

 *All payments are due at time of service

Return on Investment

Our practical service allows clients to recapture their investment in the first year. Each person's tax situation is different but here is a simple example:

  • An average residential unit of 1,500 square feet has an average of $15,000 in chattel.
  • If you are in a 35% tax bracket, you have a net tax savings of $1,050 in the first year. Total net tax savings from years one through six is $5,250.
  • If you subtract $795 for the chattel report cost, then your net savings is $4,455. For the investment of $795 for the cost of the chattel report, this equates to a return on investment of 560%.
  • Remember, not only is the cost of the report tax deductible, but this also does not take additional state tax savings into account. Please consult your tax professional for your particular state.
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