Proper Valuation of Promissory Notes Requires Qualified Business Appraisers

Business Valuation UpdateVol. 17 No. 4
April 2011
Lynton Kotzin, CPA, ABV, CFA, ASA, CBA, CFF, CIRA
Suzanne Daggert


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 ...