COMMERCIAL REAL ESTATE APPRAISALS

gift appraisal form 709

this is what we do

What Is a Gift Appraisal for IRS Form 709?

When gifting a partial or full interest in commercial real estate, the IRS requires a qualified appraisal to establish fair market value at the time of transfer. This valuation supports IRS Form 709 — the United States Gift (and Generation-Skipping Transfer) Tax Return — and ensures compliance with federal tax regulations. At SM RE Inc., we provide precise, defensible commercial property appraisals for gifting scenarios, serving attorneys, CPAs, fiduciaries, and investors throughout Los Angeles, Orange County, and the broader Southern California region.

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Why Accurate Gift Appraisals Matter for IRS Compliance

Gift appraisals aren’t just a formality — they are a legal and financial safeguard. The IRS requires a substantiated fair market value for any gifted property to determine potential gift tax obligations. An inaccurate or unsupported valuation can trigger audits, penalties, and delays in estate or tax planning. That’s why a certified, USPAP-compliant appraisal is essential when filing IRS Form 709.

At SM RE Inc., we understand the nuances of gift tax rules and work closely with attorneys, accountants, and fiduciaries to deliver valuation reports that stand up to scrutiny — with detailed methodologies, market data, and clear conclusions supported by our extensive experience in commercial real estate.

Our 709 Gift Appraisal Process

Our appraisal process is designed for accuracy, defensibility, and compliance with IRS standards:

  1. Initial Consultation – We gather essential information about the property, the ownership structure, and the nature of the transfer (partial or full interest).
  2. Site Visit & Property Analysis – We conduct a physical inspection (if required) and assess the property’s condition, location, income potential, and market influences.
  3. Market Research – Our team analyzes comparable sales, income data, and local market trends to determine a credible fair market value as of the gift date.
  4. Valuation & Report Delivery – You receive a detailed, USPAP-compliant appraisal report suitable for submission with IRS Form 709, clearly documenting our findings and methodology.

We ensure every appraisal meets the highest standards of precision and transparency.

Property Types we cover

At SM RE Inc., we perform gift appraisals for a wide range of commercial real estate assets, including:

Multi-Family
Industrial
Retail
Office
Mixed-Use
Land

We understand the nuances of each property type and use market data to ensure your valuation is defensible, well-supported, and compliant with IRS and court standards.

Why Choose SM RE Inc. for Gift Appraisals?

Choosing the right appraiser is critical when it comes to estate planning, probate, and IRS compliance. Here’s why attorneys, fiduciaries, CPAs, and estate executors across Southern California trust SM RE Inc.:

  1. Certified General Appraiser with deep expertise in commercial real estate valuation
  2. Experience with legal, tax, and probate-related appraisals
  3. Reports prepared to IRS standards and fully defensible in audits or court
  4. Fast turnaround and responsive service tailored to professional clients
  5. Local market knowledge spanning Los Angeles, Orange County, Long Beach, and the South Bay
  6. Support for Form 706, Form 709, and 1041 valuation needs

We don’t just deliver numbers—we deliver confidence, credibility, and compliance.

Need a Gift Appraisal for IRS Form 709? Let’s Talk.

SMRE Inc. specializes in commercial real estate appraisals for IRS gift tax filings, including partial interest valuations and complex ownership structures. Whether you’re working with a CPA, estate attorney, or acting as a fiduciary, we provide clear, defensible appraisals tailored for IRS Form 709.

📞 Call us at (310) 650-8798
📧 Email: sam@smreusa.com
📍 Serving: Los Angeles, Orange County, Long Beach, and Southern California