- Date
- August 6, 2026
- Time
- 12:00PM - 3:30PM (EST)
- Sponsor
- East Florida Chapter
- Location
- South County Service Center - Pinellas County Property Appraisers
2500 34th Street N
2500 34th Street N.
St. Petersburg, FL 33713
- Instructor
- Ray Krasinski
Frank Molinari
Nicholas Pilz
- Full Price
- $115.00
- AI Price
- $95.00
Course Description
This three-hour panel discussion covers IRS casualty loss requirements and common appraisal errors encountered in federal tax matters. The course is organized in three parts. Part A addresses IRS Publication 547, including the definitions of casualty, disaster, and theft losses, the documentation required to support claims, safe harbor methods for determining post-casualty value, and the role of adjusted basis and fair market value in calculating deductible losses.
Part B is a panel discussion on common errors observed in appraisals submitted to the IRS, covering topics such as fair market value standards, discounted cash flow analysis, sales comparison, highest and best use, extraordinary assumptions, independence and ethics, and the use of comparable sales data.
Part C examines recent U.S. Tax Court cases involving conservation easement valuations, including judicial critiques of valuation methodologies and penalties for gross valuation misstatements.
The IRS panelists are Lead Appraiser Ray Krasinski, MBA, MAI, AI-GRS, ASA, IFA, RAA, GAA, and Frank R. Molinari, SRA, CVA, Manager of Engineering & Valuation within the IRS Large Business & International (LB&I) Division. Nicholas D. Pilz, MAI, SRA, AI-RRS of Edge Realty Advisors serves as moderator. The seminar is jointly sponsored by the East Florida, Gulf Coast Florida, South Florida, and Northeast Florida Chapters of the Appraisal Institute and will be offered in person and virtually.
Who Should Enroll
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|
| FL | CE | 3 | Classroom | 02/27/2025 | 02/26/2027 | 0010874 (Northeast Florida Chapter) | ||
| FL | CE | 3 | Classroom | 02/27/2025 | 02/26/2027 | 0010874 (South Florida Chapter) | ||
| FL | CE | 3 | Classroom | 02/27/2025 | 02/26/2027 | 0010874 (Florida Gulf Coast Chapter) |
Additional Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| Florida Gulf Coast Chapter | August 6, 2026 | Synchronous | View Details | Register | |
| South Florida Chapter | August 6, 2026 | Synchronous | View Details | Register | |
| Northeast Florida Chapter | August 6, 2026 | Synchronous | View Details | Register | |
| Florida Gulf Coast Chapter | August 6, 2026 | St. Petersburg, FL | Classroom | View Details | Register |
| East Florida Chapter | August 6, 2026 | Synchronous | View Details | Register |
Event Information
IRS Casualty Loss and Common Errors, 3-Hours Approved for both classroom and live stream
Thursday, August 6, 2026
Login/Roll Call: Noon – 12:30 PM ET
Class: 12:30 – 3:30 PM ET
$95 AI
$115 Full
IRS Panelists
Ray Krasinski, MBA, MAI, AI-GRS, ASA, IFA, RAA, GAA, Lead Appraiser
Frank R. Molinari, SRA, CVA, Manager of Engineering & Valuation within the IRS Large Business & International (LB&I) Division
Moderator
Nicholas D. Pilz, MAI, SRA, AI-RRS, Edge Realty Advisors
Seminar Description: This three-hour panel discussion covers IRS casualty loss requirements and common appraisal errors encountered in federal tax matters. The course is organized in three parts. Part A addresses IRS Publication 547, including the definitions of casualty, disaster, and theft losses, the documentation required to support claims, safe harbor methods for determining post-casualty value, and the role of adjusted basis and fair market value in calculating deductible losses. Part B is a panel discussion on common errors observed in appraisals submitted to the IRS, covering topics such as fair market value standards, discounted cash flow analysis, sales comparison, highest and best use, extraordinary assumptions, independence and ethics, and the use of comparable sales data.
Part C examines recent U.S. Tax Court cases involving conservation easement valuations, including judicial critiques of valuation methodologies and penalties for gross valuation misstatements. The IRS panelists are Lead Appraiser Ray Krasinski, MBA, MAI, AI-GRS, ASA, IFA, RAA, GAA, and Frank R. Molinari, SRA, CVA, Manager of Engineering & Valuation within the IRS Large Business & International (LB&I) Division. Nicholas D. Pilz, MAI, SRA, AI-RRS of Edge Realty Advisors will serve as moderator. The seminar is jointly sponsored by the East Florida, Gulf Coast Florida, South Florida, and Northeast Florida Chapters of the Appraisal Institute and will be offered in person and live stream/synchronously.
Class Schedule:
Login and Roll Call: Noon – 12:30 PM ET
Class Instruction: 12:30 – 3:30 PM ET
Class materials will be emailed to you prior to the class
State CE Credit: This is a live stream/synchronous class and is only approved for Florida Real Estate Appraisal Board and Appraisal Institute continuing education credit. For other states, you should determine current education approval and requirements.
Continuing Education Credit:
Appraisal Institute: 15 points
Florida Real Estate Appraisal Board: 3-Hours, live stream 0010875; classroom 0010874. Region X of the Appraisal Institute.