A fair market valuation is used to assign the value of an asset.
The Fair Market Valuation Form must be submitted on a yearly basis. Valuation of assets in a self-directed account must be provided to The Entrust Group, Inc. (“Entrust”) to ensure proper tax reporting to the
Internal Revenue Service (IRS).
An appraisal must be submitted in addition to the Fair Market Valuation Form to change the value of an asset when:
Entrust is required to:
To properly report the FMV of an asset, a qualified, independent third party should perform the valuation and then complete the Fair Market Valuation Form. A qualified, independent third party may be a:
For more information and frequently asked questions, download our free guide to Real Estate Fair Market Valuations.