HVCSS Articles & Publications

THE COMPLEX WORLD OF MACHINERY, EQUIPMENT AND THE PRODUCTION FUNCTION  The average passenger automobile has over 30,000 individual parts, a modern 747 has over 6 million parts, and the now retired NASA space shuttle contained over 2.5 million moving parts. It is impossible to calculate the combined labor, materials, logistics, research & development of any  … Read more

Hotel Valuation & Cost Segregation Services, LLC Bonus Depreciation is fading away over the next 5 years. With the help of the IRS Section 179 Deduction and still powerful Bonus Depreciation, lodging Owners can save thousands of dollars in federal income tax savings in 2022 and beyond. IRS Section 179 Depreciation Section 179 of the  … Read more

THE MTS JOURNAL Auction Theory, Game Theory, and AppraisalW alter W . O’Connell, M.E., ASA, SCSP Three appraisers are lost in the desert! They are wandering through the desert, dying of thirst, when they come across a hiker with one bottle of water to spare! Each appraiser reaches into their pocket to see what they  … Read more

It’s time to index some pricing data you were given, or better yet, data you have compiled on your own data. You have decided on the collection method that you are going to use: survey, interview, focus group or, at a bare minimum, obtained data from a reliable and confirmable source. You have remembered to  … Read more

THE MTS JOURNAL Auction Theory, Game Theory, and AppraisalW alter W . O’Connell, M.E., ASA, SCSP From time to time there arises a situation in all appraisers’ lives where they find holes in a data set that they would like to use for appraisal assignments. That is to say, when working with tables with a  … Read more