On the Record: The Rules of Appraisals

Finally, the appraisal must indicate the fair market value of the property — on the date or expected date of the contribution — and the method and basis for how it was appraised.

Note: How the appraiser is compensated is a factor in determining whether the appraisal is a qualified appraisal. Briefly put, the appraised value of the donated property cannot be a factor in determining the fee received by the appraiser, nor can the amount of the deduction be a factor in determining the fee.