Defend Your Determination of Value based on Actual Market Data
Ensuring you have accurate data you need to complete and defend your determination of value
When you need the value of your equipment, shouldn't it be based on what someone would pay for it in today's market place? So, it is best to use the most relevant data provided by our tables
Unlike, legacy databases provided by the industry, our data is based on actual sales comparables and tested with actual comparable sales appraisals. We scour the market for the latest sales data.
Methodology from America's largest and most prestigious equipment society - American Society of Appraisers and the International Association of Assessing Officers (IAAO).
This is our core value for reduction of Commercial Personal Property Taxes
REPORT THE TRUE FAIR MARKET VALUE
PTRS has developed depreciation schedules which estimates the decline of the subject’s value over time. This provides our customers with Fair Market Value (FMV) that is credible based on methodology developed by the American Society of Appraisers and the IAAO.
Nearly, all equipment depreciation tables used today are based on survival studies (eg. Marshall & Swift) and do not account for obsolescence found in equipment. PTRS Depreciation Schedules are based on economic useful life, which estimates all forms of deprecation found in any equipment type (physical, functional, and economic).
An asset’s economic life gives our customers a true FMV or a creditable value, according to Uniform Standards of Professional Appraisal Practices (USPAP).
Introducing the most advanced methodology in Personal Property Valuation
PTRS PERSONAL PROPERTY DEPRECIATION SCHEDULES
Based on Thousands of New & Used Sales
With over 30 years of experience determining the value of equipment and machinery, we have developed a proprietary method of data collection that we’re now opening up to the marketplace.
Thousands of Data Points and Growing
Our database already contains most of the machinery and equipment, covering 32 market segments, with new line items added every year and data refreshed for the most accurate valuation of your personal or commercial property for determining its true tax value.
Easy to Incorporate into Workflow
The easy-to-use PTRS Depreciation Schedules can be converted to a Microsoft Excel file format, so it’s easily incorporated into your everyday work flow without further training or conversion.
Commercial and Personal Property Equipment Categories
Fair market depreciation schedules in dozens of categories
- Audio Visual Equipment
- Automobile Production
- Brewing Equipment
- Casino Gaming Equipment
- Construction Equipment
- Construction - Caterpillars
- Convenience Stores
- Fast Food
- Gas Station & Repair Shops
- Grocery Retail
- High-Tech Production
- Hotel & Motel
- Kitchen Equipment
- Light Duty Trucks
- Medical Equipment
- Medical Production
- Metal Manufacturing Equipment
- Network Equipment
- Office Equipment
- Office Furniture
- Pharmacy Retail
- Plastic Manufacturing
- Point of Sale Equipment
- Production / Manufacturing
- Production / Manufacturing & Warehouse
- Repair Shop
- Restaurant Equipment
- Retail Store Fixtures
- Tractor / Trailers
- TV Production
Used by Majority of Industries and proven to reduce taxes in all counties
You need state-of-the-art relevant and current Market Data to defend your valuations in all counties
Establish Current Fair Market Value
Determine Future Residual Value
Documented Evidence of Value
Efficient Method to Value Large Groups of Equipment
Ad Valorem Tax Professionals
Government Tax Agencies
Documented Verification of Asset Values
Proven Method Used in Tax Appeal Cases
Physical Depreciation Schedules versus Actual Market Values
Ideal for Mass Appraisals
Determine Current Value or Depreciated Replacement Cost
Expedite and Resolve Claims
Actual Market Values versus Guesstimates
Streamline Value Process