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Updated about 14 years ago,
SDIRA Year end Fair Market Value
When completing a 'fair market valuation' for your self directed IRA, who are you using as the independent valuator? I don't want to get an appraisal for a property I just bought. Actually, I just don't want to pay for an appraisal. So who would (or who do) you use? My thought is to get a CMA, but the damn form needs to be notarized. The property also needs a current asset value explicitly assigned to it. I would think my residential property manager (a licensed RE broker) is independent WRT this valuation. Agree?
Example form from custodian: http://www.trustetc.com/forms/fairmarket.pdf