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6 Special Purpose Property Tips for Commercial Appraisal Reviewers

McKissock

For more information on intangibles, please refer to this whitepaper: Understanding Intangible Assets and Real Estate: A Guide for Real Property Valuation Professionals by the IAAO Special Committee on Intangibles. Value in use requires considering the business as a going concern. Special purpose property tips. Second generation use.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

This tax directed is specifically at New York City because it is designated for cities in the state with populations of more than 1 million. The market value of these properties will be based on a "comparable sale-based valuation method." And it is a marginal rate tax - only the amount above each threshold is taxed.