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contributed property, attach a fully completed appraisal summary
to the Federal income tax return, and maintain reasonably
detailed records containing a description of the property, the
fair market value of the property at the time of the donation,
the method used in determining the fair market value, and the
cost or other basis. See sec. 1.170A-13(c)(2), Income Tax Regs.
A qualified appraisal shall include, inter alia, a
description of the property in sufficient detail for a person who
is not generally familiar with the type of property to ascertain
that the property that was appraised is the property that was
contributed, a description of the physical condition of the
property, the qualifications of the qualified appraiser, the
method of valuation used to determine the fair market value, and
the specific basis for the valuation. See sec. 1.170A-13(c)(3),
Income Tax Regs. The appraisal summary shall include, inter
alia, a description of the property in sufficient detail for a
person who is not generally familiar with the type of property to
ascertain that the property that was appraised is the property
that was contributed, a brief summary of the physical condition
of the property, the manner of acquisition, and the cost or other
basis. See sec. 1.170A-13(c)(4), Income Tax Regs.
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