The IRS describes 6 different methodologies: detailed engineering from actual cost records, detailed engineering using cost estimation, survey or letter, residual estimation, sampling or modeling and rule of thumb.

My methodology is very very conservative.

I know someone is going to quote a recent (either "Business Week" or "Fortune") magazine article showing huge appreciation, particularly in the bigger cities; DFW, HOU, SAT, AUS, HOWEVER, no one has ever shown me the methodology used in that study and everything I've looked at in those markets changes when you BACK THE NEW CONSTRUCTION out of the equation.In my local market the appraisal district tried to jack our numbers up and I protested.

I don't have the exact property yet as I was more or less questioning through procedure and methodology behind it.

The new methodology of MRE shelf life says 5 years.

What is your methodology of evalutaing a deal then?

When looking at the Case-Shiller data be aware of how they collect it.If you go to the methodology page there will be an explanation.

Is there any strategy or methodology to this madness?

They are a bit extreme, but their methodology will certainly give you the flip side point of view about how to run your business.

In the realm of tax savings strategies and methodologies that are approved by the IRS, why would anyone who owes AND pays income taxes NOT do whatever they can to LEGALLY mitigate them?