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Equipment appraisals in Massachusetts for donations, lending, M&A, and financial reporting, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises manufacturing equipment, construction machinery, agricultural equipment, medical devices, and industrial tools across Massachusetts, including Boston, Worcester, and Springfield.
DEFENSIBLE, USPAP-COMPLIANT MEDICAL EQUIPMENT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, MASSACHUSETTS COURTS, LENDERS, INSURERS, AND MORE.
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Owner & CEO
Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.
Machinery & Equipment Appraiser
Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.
Vehicle Appraiser
CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
Certified Appraisers Guild of AmericaCertified Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standardsAppraiseItNow appraises medical, dental, laboratory and industrial equipment in Massachusetts for lending, charitable donation, financial reporting, and the sale or purchase of a practice. Most of it is valued from documentation, the exceptions being installations too large or too integrated to read off a spreadsheet.
Lending
Orderly and forced liquidation figures for a loan file, drawn from used dealer sales, auction results and trade in quotes for the configuration in front of us rather than the model line. A lender wants the figure that survives a default, not the one that assumes a willing buyer and unlimited time.
Donation
A gift of diagnostic or surgical equipment carries the fair market value it held on the day it changed hands, in the condition and the configuration it left in.
Financial reporting
Audit support that separates what equipment is worth from what it is carried at, built on market evidence instead of a depreciation schedule. The two part company quickly on equipment bought new and written down fast.
Transactions
The equipment valued apart from the goodwill, which is the line a buyer's lender and a seller's accountant both work from. It often runs beside a Massachusetts business valuation.
Value is not one number. A machine has a replacement cost, a figure it would bring in an orderly sale, a lower one in a forced sale, and a fair market value, and the assignment decides which the report concludes to.
Installation
A sterilizer plumbed into a Massachusetts build out and the same unit ready for shipment are two different values, and the cost of getting it out is part of the second one. Rigging, disconnection and making the space good again are not rounding errors on an imaging suite.
Records
Service contracts, calibration records and hour or cycle counts separate a well kept machine from one that only looks new, and they are the first thing a reviewer asks for when a figure is challenged. Cycle counts do for a sterilizer what an odometer does for a truck.
Who pays local tax on a machine, which town taxes it once it is leased, and whether a transfer needs state review all turn on what the equipment is worth.
Local tax
Clause 16
of the personal property exemptions, which decides whether a Massachusetts owner pays local tax on its machinery at all
Under Clause Sixteenth of the personal property exemptions, the machinery of a manufacturing or research and development corporation is exempt from local tax, while a business corporation that is neither pays tax on machinery used in the conduct of its business. Stock in trade and purchasing, selling, accounting and administrative equipment are expressly not that machinery.
Two Massachusetts owners with identical equipment can therefore face different bills, and the line runs through how the owner is classified rather than through the machine.
Leased equipment
Where it stands
is where leased equipment is assessed, to the owner or to whoever has possession of it
Tangible personal property leased for profit, and machinery used in manufacturing, are assessed where that property is situated, to the owner or to any person having possession of it on the first day of January. A unit moved between sites takes the assessing town with it.
For leased imaging and laboratory equipment that makes value a question either party can be asked about, which is why lease schedules and residual positions are worth valuing before a bill arrives rather than after.
State review
$400,000
of medical, diagnostic or therapeutic equipment is the expenditure minimum for a Massachusetts health care facility other than a hospital
A substantial capital expenditure includes obtaining property by lease, by donation, or by transfer for less than fair market value, once the amount exceeds the expenditure minimum. For a health care facility other than a hospital that minimum is $400,000 for medical, diagnostic or therapeutic equipment and $800,000 for other expenditures; for hospitals and comprehensive cancer centers it is $7,500,000.
Equipment given to a Massachusetts facility, or sold to it cheaply, therefore has to be valued before anyone can say whether the threshold was crossed.
What Massachusetts clients say we are known for
Across 16 published Massachusetts appraisal reviews, every one from a client who paid AppraiseItNow for an appraisal, the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.
I needed an IRS-qualified appraisal for an unusual and costly piece of medical equipment. AppraiseItNow was able to provide me exactly what I needed on a timely basis. The personnel at the company are very friendly and helpful. I would definitely use them again.
Medical Equipment Appraisal for Charitable Donation
They did an appraisal of medical equipment for donation. They did it quickly, and I received a blank form 8283 signed by the appraiser. It was what I needed. The price was higher than I wanted to spend on an appraisal, but a lot lower than other appraisers. AppraiseItNow was very responsive and communicative, and the other appraisers were not. I would use them again.
Medical Equipment Appraisal for Charitable Donation
Great experience. Joe was super helpful. Got my appraisal in just a couple days and it was very detailed. Will definitely be using this company again!
Medical Equipment Appraisal for Charitable Donation
After researching several companies, I contacted AppraiseItNow for a personal medical equipment appraisal - they responded to me within a day and were both professional and patient throughout the process!
Medical Equipment Appraisal for Charitable Donation
Affordable and reliable, with fast service and always responsive to my messages and questions. They delivered my appraisal on time without a glitch. 100% Recommended! I wouldn’t use anyone else for my business. Thank you, Joe — you’re great!
Machinery & Equipment Appraisal for Bankruptcy Filing
I highly recommend the AppraiseItNow team. They were responsive and timely from start to finish, and the whole process was seamless. The final report was super detailed and gave me all the information I needed. I am so glad I hired them and would recommend them to anyone needing an appraisal!
Technology Equipment Appraisal for Divorce
Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.
Popular uses of our appraisal reports include:
Primarily through the market and cost approaches: recent sales of comparable units from used-equipment dealers, OEM trade-in quotes, and auction records establish market value, while the cost approach starts from replacement cost new for the specific model and deducts physical, functional, and economic depreciation rather than book depreciation.
Because small configuration differences can swing value by tens of thousands of dollars. Software licensing level, accessories, and recent upgrades change both replacement cost and the comparable set, so we document manufacturer, model, serial number, configuration, and service history for each asset.
Yes. Owners of taxable personal property on January 1 file a Form of List, State Tax Form 2, with local assessors by March 1, listing equipment with details like original cost and year of purchase. Assessors then value it at fair cash value, so credible market evidence matters when assessments run high.
Yes, through technological obsolescence. Appraisers weigh technological relevance and market demand alongside physical condition, and a device can drop sharply in value when newer generations reach the market even if it runs perfectly.
