Proper Valuation of Promissory Notes Requires Qualified Business Appraisers
Lynton Kotzin, CPA, ABV, CFA, ASA, CBA, CFF, CIRA
Promissory notes are not something that appraisers are often asked to value. It seems simple enough—value is the unpaid principal plus accrued interest—right? The answer is no longer so simple. With increased IRS scrutiny (and power to impose appraisal pe ...