BMP Marine - Marine and Cargo Surveyors of NY and NJ
  • Home
    • About Us >
      • Our Partners
      • Our People >
        • Professional Memberships & Credentials
        • Apply for a Job
      • Our Clients >
        • Testimonials
      • Our Primary Service Areas >
        • New Jersey >
          • Northern New Jersey
          • Central New Jersey
          • South Jersey
          • Jersey Shore
        • New York >
          • Manhattan
          • Staten Island
          • Long Island
        • Connecticut
        • Pennsylvania
        • Delaware
        • Florida
        • Belgium
        • Turkey
        • Romania
        • Bulgaria
        • Canada
      • Marine Suveyor's Photo Gallery
    • Code of Ethics
    • FAQ >
      • Hours
  • Cargo Surveys
    • Shipping Container & Cargo Surveys >
      • Cargo Damage Surveys
      • Container Repair Inspection
      • Container Cleanliness & Suitability Survey
      • Produce Cargo Surveys
    • Port Captain Services
  • Draft Surveys
  • Bunker Surveys
  • Appraisal Surveys
  • Consulting
  • Contact Us
(201) 228-0690

Appraisal Inspection Survey

An Appraisal Survey Inspection is similar to an Insurance Condition and Valuation Survey, but with an abbreviated report.  The vessel’s condition needs to be clearly defined to provide an accurate valuation.  The report will identify valuation methodology, assumptions as to the operating condition of machinery and other systems, as well as limitations of inspection.

An appraisal survey may be conducted for a number of reasons, including: 

  • Estate settlement
  • Divorce settlement
  • Donation to a Charity
Appraisal Inspection Marine Survey

For charitable donations, the IRS requires boats with a value of $5,000 or more to be appraised by a qualified professional.  This is typically done by a Marine Surveyor.  The surveyor will fill out the appropriate sections of IRS Form 8283 “Noncash Charitable Contributions” and provide a signed original along with the appraisal survey report.

The IRS rules for donations of boats, cars, RVs, etc. changed in 2012. Anybody contemplating donation of a boat to a charity should fully investigate all of the benefits and possible complications.  This should include consultation with a CPA or Tax Attorney.

Contact BMP Marine for your Appraisal Inspection Survey!
Society of Accredited Marine Surveyors New Jersey New York
Picture
National Fire Protection Association Marine
NY Marine Surveyor
NJ Marine Surveyor
CT Marine Surveyor
DE Marine Surveyor
PA Marine Surveyor
FL Marine Surveyor
BMP Marine 
Copyright © 2012 - 2013. 
All rights reserved.
Please Note: We DO NOT offer pre-purchase surveys. 
  • Home
    • About Us >
      • Our Partners
      • Our People >
        • Professional Memberships & Credentials
        • Apply for a Job
      • Our Clients >
        • Testimonials
      • Our Primary Service Areas >
        • New Jersey >
          • Northern New Jersey
          • Central New Jersey
          • South Jersey
          • Jersey Shore
        • New York >
          • Manhattan
          • Staten Island
          • Long Island
        • Connecticut
        • Pennsylvania
        • Delaware
        • Florida
        • Belgium
        • Turkey
        • Romania
        • Bulgaria
        • Canada
      • Marine Suveyor's Photo Gallery
    • Code of Ethics
    • FAQ >
      • Hours
  • Cargo Surveys
    • Shipping Container & Cargo Surveys >
      • Cargo Damage Surveys
      • Container Repair Inspection
      • Container Cleanliness & Suitability Survey
      • Produce Cargo Surveys
    • Port Captain Services
  • Draft Surveys
  • Bunker Surveys
  • Appraisal Surveys
  • Consulting
  • Contact Us