ART & ANTIQUES – DEPRECIATION - May, 2008

In our continued commitment to client service, Vantage One offers solutions for the valuation of unique items.  Art and Antiques happen to be one area where valuations are difficult to determine.  These items are taxable for property tax, but what is the real value?  Is it what you paid for the property? Is the appraisal for insurance purposes? Is it the desirability? Our resources allow us to consult with professionals to determine the value for fine art and antiques owned by your business.  Such resources help provide additional value reductions.  “This is just another way Vantage One works for our clients to secure value reductions on commonly over assessed assets,” Philip Trusty, Senior Consultant - Complex and Industrial Property.