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2021 Billboard Structures Valuation Guide North Carolina Department of Revenue Local Government Division Personal Property Section NC Department of Revenue Local Government Division Personal Property

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How to fill out billboard structures valuation guide

01

Step 1: Start by gathering all the information about the billboard structure, such as its location, size, and condition.

02

Step 2: Determine the type of billboard structure, whether it is a static billboard, digital billboard, or a combination of both.

03

Step 3: Assess the visibility and exposure of the billboard structure. Consider factors such as traffic count, audience demographics, and competition.

04

Step 4: Evaluate the leasing terms of the billboard structure, including the duration of the lease, rent payments, and any additional provisions.

05

Step 5: Analyze the financial performance of the billboard structure. This includes assessing the advertising revenue generated, maintenance costs, and potential for future growth.

06

Step 6: Consider any unique characteristics or advantages of the billboard structure, such as exclusive locations or special advertising formats.

07

Step 7: Calculate the valuation of the billboard structure using appropriate methodologies, such as the income approach, market approach, or cost approach. Take into account the specific requirements or preferences of the client or market.

08

Step 8: Prepare a detailed valuation report that includes all the findings, assumptions, calculations, and supporting data.

09

Step 9: Review and verify the valuation report to ensure accuracy and reliability.

10

Step 10: Present the completed valuation guide to the client or relevant stakeholders for their review and decision-making process.

Who needs billboard structures valuation guide?

01

Real estate professionals who specialize in assessing the value of billboard structures.

02

Billboard owners who want to determine the market worth of their assets for potential sale or lease.

03

Investors or lenders who are interested in financing billboard projects or acquiring billboard assets.

04

Advertising agencies or brands looking to understand the value and potential reach of billboard advertising.

05

Legal or regulatory authorities involved in zoning, permitting, or taxation issues pertaining to billboard structures.

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What is billboard structures valuation guide?

Billboard structures valuation guide is a list that determines the value of billboard structures for tax purposes.

Who is required to file billboard structures valuation guide?

The owner of the billboard structures is required to file the valuation guide.

How to fill out billboard structures valuation guide?

You can fill out the valuation guide by providing accurate information about the billboard structures and their value.

What is the purpose of billboard structures valuation guide?

The purpose of the valuation guide is to determine the correct value of billboard structures for tax assessment.

What information must be reported on billboard structures valuation guide?

The valuation guide must include details about the location, size, condition, and value of the billboard structures.

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