Here at NEBB Institute, you may have noticed that we hammer away at the notion of making sure you use a certified appraiser for your appraisals. We speak of the dire consequences of using a non-certified appraiser, but perhaps a real-world example of what can happen is a much more effective red flag. A hospital […]
According to an article on PharmTech.com titled “Buying Used Equipment,” purchases and sales of used pharmaceutical equipment is on the rise. According to the article, used lab equipment has been available for a long time, but the availability of used processing equipment has increased over the last decade. The article owes this trend to recognition […]
With the holidays winding down, it’s time to look ahead to the new year and one of the less popular events — tax time. When it comes to filing taxes, one of the most overlooked aspects is donations. Donated machinery or equipment with a value over $5,000 requires an equipment appraisal. The IRS has strict […]
The NEBB Institute is proud to be an organization that upholds the highest standards of the appraisal industry. Our members comply with the Uniform Standards of Professional Appraisal Practice (USPAP), and we abide by the strictest professional ethics. These practices help maintain the trust necessary between appraiser and client in the professional appraisal practice. Of course, we certify professionals […]
Many years ago, the Northshore Mall (then the Northshore Shopping Center) in Peabody, Massachusetts had an annual holiday tradition that was truly a sight to behold. Every year they would set up a full-scale holiday village in the center of the mall’s concourse. There were old-fashioned shops and houses, and you could glimpse animatronic families […]
Many companies spend the end of the year looking toward the next and working on their budgets for the new year. Sometimes, those budgets include equipment purchases, which means that the old must be sold. Our CMEA members might have many customers or potential customers in this situation. Figuring out how to help them is an excellent […]
In any unregulated industry, there will always be people who claim to be competent professionals so they can make a quick buck. While the average Joe can’t just claim to be a brain surgeon or a pilot and get away with it, there are many folks who set up their own type of shop without […]
We talk a lot about seeking out the best appraiser so that you get the best appraisal report — how finding a CMEA is important so that your report will stand up to scrutiny. But once you get that report, what do you do with it? How do you read it? Sure, you can just […]
Late last month, a recording studio in New York City that had been put up for sale required an equipment appraisal to discern its value. Since a studio has so much specialized and custom equipment, a CMEA with some knowledge of and experience with the music industry was given the assignment. During the appraisal, the […]
Early next week, the NEBB Institute will be attending the AICPA Forensic & Valuation Services Conference in Las Vegas. From November 10th through the 12th, you’ll be able to find us at Booth #202 on the exhibition floor. The AICPA Forensic & Valuation Services Conference allows attendees to take part in sessions that focus on […]
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