ME219 Complex Property Tax Course II

Description

This advanced ASA course equips professionals with expertise in appraising complex personal property for ad valorem tax. Participants will gain a solid understanding of property taxation, valuation standards, and legal frameworks. The curriculum covers the Market, Cost, and Income approaches, emphasizing their use with assets like machinery, equipment, and energy infrastructure. Special focus is given to valuing integrated property units, managing all forms of depreciation, and meeting jurisdictional and USPAP requirements. Through case studies and hands-on exercises, attendees develop practical skills for credible valuations and expert testimony, preparing them for challenges in specialized industries and regulatory environments.

Instructional Methods

ME219 immerses participants in the learning process with a discussion-based curriculum that includes group involvement and asynchronous learning with limited lectures.  

Course Audience

Property Tax Appraisers

Learning Outcomes

Upon completion of the course the student will: 

Explain foundational property tax concepts and legal standards as they apply to personal property appraisals. 

Differentiate and apply the three primary appraisal approaches (Market, Cost, Income) to complex assets. 

Assess and support depreciation and obsolescence adjustments using industry examples. 

Ensure compliance with jurisdictional requirements and USPAP standards in appraisal practice and reporting. 

Prepare and defend credible appraisal reports and expert testimony for property tax purpose. 

Learning Level

Fundamental

Continuing Education and Contact Hours

16 hours of CE are provided upon completion of the course.

Required Reading

ASA’s Valuing Machinery and Equipment: The Fundamentals of Appraising Machinery and Technical Assets 4th Ed is the authoritative textbook on the theory and methodology of appraising machinery, equipment, and technical assets. The 2020 edition includes revised and updated chapters on topics like the sales comparison approach, appraisal report writing, and valuations for financial reporting, completely rewritten chapters on topics like aircraft appraisals, and a new chapter on ad valorem tax appraisals. It also includes updated appendices with appraisal research sources, an enhanced index, and a wholly rewritten and improved glossary. 

Purchase - Valuing Machinery and Equipment, 4th Edition

Please make sure to go to components tab to do pre-course work prior to the start of class. 

Class Schedule

SESSION 1 - SEPTEMBER 9 2026 | 10:00 AM- 5:30 PM
SESSION 2 -SEPTEMBER 10 2026 | 10:30 AM- 6:30 PM

Daily Course Agenda

Day 1 

Day 2 

Virtual Class Registration Includes

One registrant log-in to the live sessions

Downloadable course materials to include a Student Manual and any additional handouts i.e. administrative/exam guidance, if applicable.  All course materials are PDF Download Only items made available to students prior to the start of the class and are not for resale or distribution.

Attendance

This is a highly interactive class. Registrants must participate in the entire class (all class sessions) with cameras turned on in order to receive a certificate following successful completion of the class. 

Final Exam

There is no final exam for this class, but there will be knowledge checks along the way on your education dashboard. of Completion

Please allow 10-15 business days following successful completion of the course in order to receive a certificate of completion via email notification. The certificate will be available for download under “My ASA Courses” on the ASA website (login required).

Download or Print eMaterials

Attendees should bring to class either an electronic copy (loaded on a laptop or mobile device) or a print copy of all course handouts to use as a reference. All course eMaterials are in an Adobe PDF format which can be viewed using the free Adobe Reader application. eMaterials are presented in color and are bookmarked and comment/typewriter enabled. When opting to print eMaterials, it is recommended that you adjust the print settings to print in black and white (or grayscale) and consider printing double-sided on recycled paper.