Builders & Remodelers: The Benefits of Working with NoVaStar

Deconstruction is the process of carefully and selectively disassembling a building to repurpose and reuse its materials. A green construction method, deconstruction provides an environmentally sustainable alternative to demolition.

When salvaged materials are donated to a 501(c)3 charity, their fair market value can be deducted from the donor’s taxable income. In some instances, deconstruction costs may be deductible as well. Deconstruction is growing in popularity due to its potential tax benefits coupled with city- and state-level legislation mandating more environmentally friendly demolition methods.

In business since 2005, NoVaStar Appraisals, Inc., is the nation’s foremost consulting firm in the building deconstruction industry. We specialize in IRS-compliant appraisals of the fair market value of donated materials. (Appraisals of donated materials valued at more than $5,000 are required by the IRS.)

Tax Benefits for Home Builders & Remodelers

Working with NoVaStar affords you these benefits:

  • Potential Tax Savings for Customers
    Fully-credentialed, NoVaStar determines the maximum fair market value allowable by law of your customers’ donated materials. You can recommend deconstruction rather than demolition and advise customers of the substantial tax savings on donated materials. The tax benefits of deconstruction are its biggest draw.
  • No IRS Audits
    Due to our expertise in this field, NoVaStar, having completed thousands of appraisals, has never had a client with a materials-based appraisal audited by the IRS. CPAs and tax attorneys have, however, retained NoVaStar to defend donors who had chosen less-qualified appraisal companies to value their donations. In all cases, the IRS accepted NoVaStar’s fair market value determination and appraisal; we have never lost a case. There is no other company in the country that can make that claim.
  • Deconstruction vs. Demolition Costs
    Deconstruction is labor-intensive which merits a higher price than demolition. Additionally, deconstruction costs may be deductible from a customer’s taxable income. Advise your customer to consult with a qualified tax professional for more information.
  • Nationwide Service
    NoVaStar is properly credentialed to perform charitable donation appraisals in all 50 U.S. States. Regardless of your location, we can perform an IRS-compliant appraisal of the fair market value of donated materials for your deconstruction customers.
  • Free Estimates for Your Customers
    We give free, no-obligation estimates of the fair market value of materials to be donated for your customers.

Call NoVaStar today for more information or to schedule an estimate.