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Where can you get the fair market value on a used utility trailer?

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Answered 2010-09-13 22:54:21

Young Wells Cargo Layton Utah 590 North Main Randy Taylor

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What are the advantages and disadvantages of fair market value?

advantages of fair value

What is the difference between Gross fair market Value and Net Fair market Value?

Gross Versus Net ValueFair market value is the price an asset would bring if it were sold on a voluntary basis, meaning neither buyer nor seller has an obligation to make the exchange. Gross fair market value is the fair market value of an asset before allowing for any liabilities such as loans, taxes or liens. Suppose a warehouse has a gross fair market value of $250,000. If the property is collateral for a $100,000 business loan, the net fair market value of the asset becomes $150,000.

The marshalls insured their home for 72000 which is 90 percent of the fair market value what is the fair market value of their home?


How can you determine the fair market value of a used bucket truck?

You can look on the internet to find the fair market value for trucks and other vehicles. You can also pick up a book listing the Fair market value in a store. Usually these are free.

What is FMV stands for?

Fair Market Value

What is the value of a Westward Journey Nickel Set?


What is Book value vs fair value?

Book value is the value of asset shown in financial statements while fair value is the value at which asset can be sold in market

What is net fair market value?

The fair market value is the price of a property that may be sold and bought. It assumes both buyer and seller know everything about the property.

How do you estimate market value?

Market value is the price at which an asset would trade in a competitive Cardinal auction setting. Market value is often used interchangeably with open market value, fair value or fair market value, although these terms have distinct definitions in different standards, and may differ in some circumstances.Real EstateA local real estate agent would compare the property to similar properties in the area that have recently been sold to arrive at the fair market value.

What is the property tax rate in British Columbia?

Property Transfer Tax RatesThe amount of tax due depends on the fair market value of the property that is transferred:If the fair market value is $200,000 or less, the tax is 1% of the fairmarketvalue.If the fair market value is greater than $200,000, the tax is 1% of the fairmarket value up to $200,000, plus 2% on the portion of the fair market value that is greater than $200,000.For example:if fair market value of property is $150,000tax payable is: 1% of $150,000 = $1,500if fair market value of property is $250,000 tax payable is: 1% of $200,000 = $2,000 plus 2% of $50,000 = $1,000 for total tax payable of $3,000

What is Market to market accounting standards?

I think you mean "Mark to Market" which is an accounting technique in which assets are valued at their current market value and not a previous value or future value. Mark to Market is also known as "Fair Value" accounting.

What is the fair market value for 2003 impala?

check out

How do you calculate Non Current Liability?

fair market value

What is the value of 1962 Corvette?

62 vetteFair market value is $81,795 from

How is motorcycle fair market value determined?

Like all vehicles, motorcycle fair market value is comprised of the condition of the bike, the area of the country, and of course, what the market will bear. A good general guideline is the NADA blue book.

How much is fair market value for a 1999 Palm Harbor double wide trailer?

wouldn't it depend on the size and condition, etc.? i have a 99 28 x 56 palm harbor and its FMV is about $50,000.

Temporary investments are recorded at cost but and reported at?

fair market value

Can you sell property prior to a bankruptcy?

Yes, for fair market value.


No,, You get paid "Fair Market Value", which is often the same as Cash value.

What is the market value of a Sebring convertible?

The market value would depend on what year and model it is and the condition it is in. For example: a 2009 Chrysler Sebring Cnvertible Limited in excellent condition has a fair market value of $33,038.

What is the value of a Wurlitzer 2126 piano?

Fair Market Value is "What a willing buyer will pay a seller for an item."

What is the fair market value of a property in Manila Philippines?

Pasong Langka, Cavite

Difference between book value and fair value in accounting?

Book value of asset is the value of asset shown in books of accounts while fair value of asset is the current price at which that product is selling or sellable in market.

What is the value of a 1990 Eisenhower Centennial Silver Dollar Proof?

Fair market value as of 12/2008 is $9.

What is the value of a 1980 proof set?

As of 12/2008, Numismedia quotes the fair market value (FMV) at $10.00