Don’t Blindly Believe Promissory Note Valuation Fables

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This article will make you money and save you grief. How do we determine value? The IRS’s definition of value (Fair Market Value) of a promissory note is: The $5,000.00 face value note is worth what a willing buyer will pay How do willing buyers determine what they will pay? What service does a qualified note appraiser provide?

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